The deal priced below last closing price of $29.89. JPMorgan, RBC Capital and Barclays are acting as joint book running managers for the offering.
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Read More on PRMB:
- Primo Brands announces secondary offering of 45M shares by One Rock affiliate
- Primo Brands Announces Secondary Stock Offering
- Primo Brands Completes Strategic Debt Restructuring
- Primo Brands Corporation’s Financial Stability Threatened by Dependency on Major Retail Chains
- Primo Brands price target raised to $40 from $38 at Deutsche Bank
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