Insmed Announces Closing of Public Offerings of Common Stock and Convertible Senior Notes and Full Exercise of Underwriters Options to Purchase Additional Shares and Notes
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BRIDGEWATER, N.J., May 13, 2021 /PRNewswire/ Insmed Incorporated (Nasdaq: INSM) announced today the closing of the previously announced registered underwritten public offering (the Equity Offering ) of 11,500,000 shares of its common stock (the Shares ), including 1,500,000 Shares issued pursuant to the exercise in full of the underwriters option to purchase additional Shares, at a price to the public of $25.00 per share before deducting underwriting discounts and commissions, and the previously announced registered underwritten public offering (the Notes Offering ) of $575 million aggregate principal amount of its 0.75% convertible senior notes due 2028 (the Notes ), including $75 million aggregate principal amount of Notes purchased pursuant to t
Insmed Announces Pricing of Concurrent Public Offerings of Common Stock and Convertible Senior Notes due 2028
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BRIDGEWATER, N.J., May 11, 2021 /PRNewswire/ Insmed Incorporated (Nasdaq: INSM) announced today that it priced a registered underwritten public offering of 10,000,000 shares of its common stock (the Shares ) at a price to the public of $25.00 per share before deducting underwriting discounts and commissions, and a registered underwritten public offering of $500 million aggregate principal amount of its 0.75% convertible senior notes due 2028 (the Notes ). A portion of the net proceeds from the offering of the Notes will be used to repurchase $225 million in aggregate principal amount of Insmed s existing outstanding 1.75% Convertible Senior Notes due 2025 (the 2025 Notes ). The gross proceeds to Insmed from the offerings, before deducting underwriting discounts and commissions and other offering expenses payabl
Primo Water Corporation Announces Pricing of $750 Million of Senior Notes
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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 ), priced the previously announced private placement offering of $750 million in aggregate principal amount of senior notes (the Notes ). The Notes will mature on April 30, 2029 and interest on the Notes will accrue and be payable semi-annually in arrears on April 30 and October 31 of each year, commencing on October 31, 2021 at the rate of 4.375% per annum. The settlement of the Notes is anticipated to occur on or about April 30, 2021, subject to customary closing conditions. The Notes will be guaranteed by Primo and certain of its existing subsidiaries that are obligors under the Company s senior secured credit facility, 5.50% Senior Notes due 2
Primo Water Corporation Announces Intention to Offer $750 Million of Senior Notes
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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