Perimeter Solutions, Inc. announces a proposed offering of $550 million senior secured notes due 2034.
The offering is made by the company's indirect subsidiary, Perimeter Holdings, LLC.
The net proceeds will be used for the acquisition of Medical Manufacturing Technologies LLC and related expenses.
Offering Details
$550 million aggregate principal amount of senior secured notes due 2034 to be offered.
Use of Proceeds
Net proceeds will fund the acquisition of Medical Manufacturing Technologies LLC.
Redemption Clause
Obligation to redeem the notes if specific conditions regarding the acquisition are not met.
- The proposed offering will strengthen Perimeter Solutions' financial position through the issuance of senior secured notes.
- The acquisition of Medical Manufacturing Technologies LLC demonstrates strategic expansion in the company's portfolio.
Perimeter Solutions' proposed offering of senior secured notes and the acquisition of Medical Manufacturing Technologies LLC indicate growth and strategic advancement in the company's business operations.