Diversey announces pricing of senior notes offering

Fort mill, s.c., sept. 15, 2021 (globe newswire) -- diversey holdings, ltd. (nasdaq: dsey), a leading provider of hygiene, infection prevention and cleaning solutions, today announced that its indirect, wholly-owned subsidiary, diamond (bc) b.v. (the “company”) has priced the private placement of $500.0 million in aggregate principal amount of its 4.625% senior notes due 2029 (the “notes”). the notes will be issued under an indenture to be entered into upon the closing of the offering, which diversey anticipates will take place on or about september 29, 2021, subject to customary closing conditions. diversey intends to use the net proceeds from the offering to repay indebtedness and the remaining amount for general corporate matters and working capital purposes, including expenses relating to the transaction.
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