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Stock impact report

Primo Water Announces Proposed Follow-On Public Offering of Common Stock

Primo Water Corporation (PRMW) 
Last primo water corporation earnings: 11/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.primowater.com
Company Research Source: GlobeNewswire
WINSTON-SALEM, N.C., May 14, 2018 (GLOBE NEWSWIRE) -- Primo Water Corporation (Nasdaq:PRMW) (“Primo” or “the Company”), the leading provider of multi-gallon purified bottled water, self-service refill water and water dispensers, today announced that it intends to offer and sell, subject to market and other conditions, approximately $65 million of shares of its common stock in a proposed underwritten follow-on public offering. Primo also intends to grant the underwriters a 30-day option to purchase approximately $9.75 million of additional shares of its common stock offered in the public offering. Primo intends to use the net proceeds from the offering to pay down existing indebtedness.  Upon completion of the offering, the Company intends to refinance its remaining outstanding senior indebtedness.  All of the shares will be offered and sold by Primo. There can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering, and Show less Read more
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