Energizer Holdings Announces Strategic Debt Restructuring to Enhance Financial Position

Energizer Holdings has unveiled a comprehensive refinancing initiative designed to lower its interest expenses and improve financial flexibility. The battery manufacturer’s strategic move signals a strengthened commitment to long-term operational stability.

The company successfully executed an upsized offering of senior notes and expanded an existing term loan facility. Energizer priced $400 million in senior notes, carrying an interest rate of 6.00% and maturing in 2033. This exceeded the initially planned offering of $300 million. Concurrently, the company completed a $100 million add-on to its current term loan, which extends through 2032.

This term loan continues to bear interest at the Secured Overnight Financing Rate (SOFR) plus an annual margin of 200 basis points. Proceeds from these capital market activities are earmarked for specific corporate financing purposes.

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