Energizer Holdings, Inc. announced the pricing of Senior Notes offering and Term Loan add-on.
$400 million Senior Notes due 2033 at par, an increase from the announced offering size.
$100 million add-on to existing Term Loan maturing in 2032.
Transactions leverage neutral, expected to extend debt maturity profile and reduce interest expense, closing around September 22, 2025.
Debt Refinancing Activity
Energizer priced $400 million in Senior Notes and completed a $100 million Term Loan add-on.
Maturity Profile Extension
The transactions are expected to extend the Company's debt maturity profile.
Interest Expense Reduction
The refinancing is planned to reduce the Company's interest expenses.
- The debt refinancing activity is aimed at extending the maturity profile of Energizer Holdings.
- The Company's strategy includes leveraging the new offerings to reduce interest expenses and better manage its debt structure.
Energizer Holdings, Inc. has strategically positioned itself to optimize its debt structure, with a focus on extending maturity profiles and reducing interest expense through recent refinancing activities.