Innophos Announces Launch of $175 Million Offering of Senior PIK Toggle Notes Due 2026
News provided by
Share this article
Share this article
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.
Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment, technology, video and pictures.
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.
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.
Developing Telecoms
Newsletter Sign Up
Keep up-to-date with the latest telecoms news in emerging markets globally. Subscribe to Developing Telecoms FREE weekly newsletter.
Afghanistan
Bosnia and Herzegowina
Cook Islands
Samoa
South Sudan, Republic of
Sweden
Uruguay
Business/Industry/Finance User
Your personal data will not be shared with third parties. Click here to view our privacy policy.
2906
Jamaica could potentially see new operator Rock Mobile enter its telecoms market with a former banking executive at the helm after enquiries were made with the country’s regulator on new entrant market conditions.
The Jamaica Gleaner reported, former head of Scotiabank Jamaica Bruce Bowen and his wife Suzanne Fernando-Bowen, contacted the Spectrum Management Authority (SMA) in response to its Spectrum Cap Consultation launched last year, to enquire on the equal distribution of spectrum to enable new market entrants.