CLAYTON, Mo., Dec. 15, 2025 (GLOBE NEWSWIRE) -- Perimeter Solutions, Inc. (NYSE:PRM) ("Perimeter," "Perimeter Solutions," or the "Company"), today announced that its indirect subsidiary, Perimeter Holdings, LLC ("Perimeter Holdings"), intends to offer, subject to market and other conditions, $550.0 million aggregate principal amount of senior secured notes due 2034 (the "Notes"). The Notes will be fully and unconditionally guaranteed on a senior secured basis, jointly and severally, by Perimeter Intermediate, LLC ("Perimeter Intermediate"), the direct parent of Perimeter Holdings, and, subject to certain exclusions, all of Perimeter Holdings' existing or future restricted subsidiaries that guarantee Perimeter Holdings' revolving credit facility. The Notes will be secured, subject to permitted liens, by a first-priority security interest in substantially all present and hereafter acquired property and assets of Perimeter Holdings and the guarantors, which also constitutes collateral securing indebtedness under Perimeter Holdings' revolving credit facility.

Perimeter Holdings intends to use the net proceeds from the offering, together with cash on hand, to pay the cash consideration for the previously announced acquisition of Medical Manufacturing Technologies LLC ...