On February 28, 2025, Primo Brands Corp completed the final settlement of exchange offers for existing senior notes, resulting in the cancellation of approximately $2.64 million of 3.875% Senior Notes due 2028, $120,000 of 4.375% Senior Notes due 2029, and $13.69 million of 6.250% Senior Notes due 2029, while issuing new secured and unsecured notes totaling $441.88 million, $746.45 million, and $712.76 million respectively.