Innophos Announces Launch of $175 Million Offering of Senior PIK Toggle Notes Due 2026
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CRANBURY, N.J., Feb. 3, 2021 /PRNewswire/ Iris Holdings, Inc., a Delaware corporation (the Issuer ) and an affiliate of Innophos Holdings, Inc., a Delaware corporation, ( Innophos ), announced today that the Issuer intends to commence a private offering (the Offering ) of $175 million aggregate principal amount of Senior PIK Toggle Notes due 2026 (the Notes ).
The Issuer intends to use the proceeds of the Offering to pay a dividend to the Issuer s shareholders, including certain investment funds managed by One Rock Capital Partners, LLC ( One Rock ), and to pay certain fees, commissions and related expenses.
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(Reuters) - Nestle SA has entered into exclusive talks to sell its North American bottled water business, whose brands include Pure Life and Poland Spring, to private equity firm One Rock Capital Partners LLC, people familiar with the matter said.
Slideshow ( 2 images )
The brands to be sold, which also include Deer Park, Ozarka, Ice Mountain, Zephyrhills and Arrowhead, could be valued at more than $4 billion, including debt, one of the sources said.
If the negotiations conclude successfully, a deal could be announced as early as this month, said the sources, who requested anonymity because the deal discussions are confidential.
2 Min Read
(Reuters) - Nestle SA has entered into exclusive talks to sell its North American bottled water business, whose brands include Pure Life and Poland Spring, to private equity firm One Rock Capital Partners LLC, people familiar with the matter said.
Slideshow ( 2 images )
The brands to be sold, which also include Deer Park, Ozarka, Ice Mountain, Zephyrhills and Arrowhead, could be valued at more than $4 billion, including debt, one of the sources said.
If the negotiations conclude successfully, a deal could be announced as early as this month, said the sources, who requested anonymity because the deal discussions are confidential.