Primo Water Holdings Inc, founded in 2004 and headquartered in Tampa, Florida, is a leading provider of water solutions primarily focusing on bottled water and water filtration services. The company caters to residential and commercial customers through a comprehensive range of products, including bottled water delivery, water purification, and dispensers.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PRMWCN 4.38% 2029-04-30 USDPrimo Water Holdings Inc | Canada | 2029-04-30 | 4.375 | 4.74 |
| PRMWCN 4.38% 2029-04-30 USDPrimo Water Holdings Inc | Canada | 2029-04-30 | 4.375 | 4.74 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Primo Water initiated its bond issuance strategy to support its growth and strategic acquisitions, with its first significant issuance recorded in 2019. The company has since issued multiple bonds, including a noteworthy $800 million offering in 2021 used to finance the acquisition of Nestlé Waters North America. Currently, Primo's bonds are yielding competitively compared to industry standards, with several issuances featuring call options that provide added flexibility for investors. Recent market movements and interest rate dynamics have drawn attention to Primo's debt instruments, factoring in their appeal among retail investors seeking stable income.