Perimeter Solutions Plans $550 Million Debt Offering

MT Newswires Live12-15

Perimeter Solutions (PRM) said Monday that it plans to offer $550 million of senior secured notes due 2034 through an indirect subsidiary.

Net proceeds from the offering, along with cash on hand, will be used to pay for the acquisition of Medical Manufacturing Technologies, the company said.

Perimeter Solutions' shares were 2.1% higher in premarket trading.

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