Energizer Holdings $100 million incremental credit facility
We advised the joint lead arrangers, joint bookrunners and agents on the financing
Davis Polk advised the joint lead arrangers, joint bookrunners, documentation agents, administrative agent and collateral agent in connection with a $100 million senior secured incremental term loan facility to be provided to Energizer Holdings, Inc. These facilities which will be used to redeem a portion of Energizer Holdings, Inc.’s outstanding 6.500% senior notes due 2027 and related fees and expenses.
Energizer Holdings, Inc., headquartered in St. Louis, Missouri, is one of the world’s largest manufacturers of primary batteries and portable lighting products and is anchored by its two globally recognized brands, Energizer and Eveready. Energizer is also a leading designer and marketer of automotive fragrance and appearance products from recognized brands such as Refresh Your Car!, California Scents, Driven, Bahama & Co., LEXOL and Eagle One.
The Davis Polk finance team included partner Sanders Witkow and associates Duan Xu and Emily (Yuhong) Su. The tax team included partner Ethan R. Goldman and associate Carter Ballentine Allison. All members of the Davis Polk team are based in the New York office.