05.11.15
Energizer Holdings, Inc. commenced a $600 million offering of senior notes due 2025 by its subsidiary, Energizer SpinCo, Inc. (New Energizer). New Energizer is the recently-formed holding company for the Household Products business of Energizer Holdings, Inc., which ParentCo intends to distribute to its shareholders in a tax free spin-off. In connection with the spin-off, ParentCo will be renamed Edgewell Personal Care Company and New Energizer will be renamed Energizer Holdings, Inc.