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Primo Water Corporation Files Supplement to Proxy Statement

Primo Water Corporation Files Supplement to Proxy Statement News provided by Share this article Share this article TAMPA, Fla., April 22, 2021 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the Company or Primo ), a leading provider of water direct to consumers and water filtration services in North America and Europe as well as a leading provider of water dispensers, purified and spring bottled water, and self-service refill drinking water in the U.S. and Canada,  announced today that it has filed a supplement to its proxy statement (the Supplement ) for its annual and special meeting of shareowners to be held on May 4, 2021 (the Meeting ).  The Supplement amends the proxy statement of the Company dated March 25, 2021 in respect of the Meeting (the Proxy Statement ).

Primo Water Corporation Announces Intention to Offer $750 Million of Senior Notes

Primo Water Corporation Announces Intention to Offer $750 Million of Senior Notes News provided by Share this article Share this article TAMPA, Fla., April 21, 2021 /PRNewswire/ - Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the Company or Primo ), today announced that its wholly owned subsidiary, Primo Water Holdings Inc. (the Issuer ), intends, subject to market and other customary conditions, to offer $750 million aggregate principal amount of senior notes due 2029 (the Notes ) in a private offering. The Notes and the related guarantees will be offered, by the initial purchasers, only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act ), and to certain non-U.S. persons in offshore transactions in accordance with Regulation S under the Securities Act and other applicable laws. The Notes will be guaranteed by Primo and certain of its existing subsidiaries that are o

Primo Water Corporation Reaffirms First Quarter 2021 Outlook

Primo Water Corporation Reaffirms First Quarter 2021 Outlook News provided by Share this article Share this article TAMPA, Fla., April 21, 2021 /PRNewswire/ - In connection with a potential financing, Primo Water Corporation (NYSE: PRMW) (TSX: PRMW) (the Company or Primo ), a leading provider of water direct to consumers and water filtration services in North America and Europe as well as a leading provider of water dispensers, purified and spring bottled water, and self-service refill drinking water in the U.S. and Canada, today announced, based on preliminary results, that it expects to achieve the previously announced targeted results for its first quarterly period in 2021 of between (i) $455 million and $485 million in revenue and (ii) $70 million and $75 million in Adjusted EBITDA.  

Demand For Potable Water Has Been Drastically Increasing Approaching New All Time Highs

Demand For Potable Water Has Been Drastically Increasing Approaching New All Time Highs Financialnewsmedia.com News Commentary PALM BEACH, Fla., April 7, 2021 /PRNewswire/ In many parts of the world, drinking water is in a high demand… another pandemic fueled problem. Reports say that Over 2 billion people globally lack safe drinking water and estimates show that by 2030, nearly 50 percent of the world s population will live in severe water stress. The demand for economical drinking water is at an all-time high. The growing awareness regarding the adverse health effects of consuming sugary drinks, such as weight gain, obesity, diabetes, and heart disease, is supporting the consumption of alternative beverages, such as still and sparkling water. The growth of the market is primarily attributed to rising awareness regarding the importance of hydration. According to a study conducted by the International Bottled Water Association in 2018, it was revealed that 93% of American citi

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