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ST. LOUIS, Sept. 9, 2025 ~ Energizer Holdings, Inc. (NYSE: ENR) has recently announced the successful pricing of its Senior Notes offering and Term Loan add-on. The company priced $400 million in aggregate principal amount of 6.00% Senior Notes due 2033 at par, representing an increase from the initially announced offering size of $300 million.

These Notes will be guaranteed on an unsecured basis by certain domestic restricted subsidiaries of the company. In addition, Energizer also completed a $100 million add-on to its existing Term Loan maturing in 2032. The Term Loan will continue to bear an interest rate equal to Secured Overnight Financing Rate (SOFR) plus 200 basis points per annum.

According to the company, these transactions are leverage neutral and are expected to extend its debt maturity profile while reducing interest expenses. Energizer plans to use the net proceeds from the Notes and Term Loan add-on for various purposes including redeeming all outstanding 6.50% Senior Notes due 2027, repaying amounts due on the Revolving Credit Facility, and for general corporate purposes.

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The closing of both transactions is expected to take place on or around September 22, 2025, subject to meeting applicable conditions.

The Notes and related guarantees are being offered for sale to qualified institutional buyers in an exempt offering under Rule 144A of the Securities Act of 1933. They will also be offered to non-U.S. persons outside the United States in compliance with Regulation S under the Securities Act.

It is important to note that these securities have not been registered under the Securities Act or any state securities laws and may not be offered or sold in the United States unless they are registered or exempt from registration requirements.

Energizer Holdings is a global consumer products company headquartered in St. Louis that specializes in manufacturing and distributing primary batteries, portable lights, and auto care products such as appearance enhancers, performance boosters, refrigerants, and fragrances. The company's portfolio includes well-known brands such as Energizer, Armor All, Eveready, Rayovac, STP, Varta, A/C Pro, Refresh Your Car!, California Scents, Driven, Bahama & Co., LEXOL, Eagle One, Nu Finish, Scratch Doctor, and Tuff Stuff.

As a leader in its categories, Energizer's mission is to better serve consumers and customers through its globally recognized brands. For more information about the company and its products, visit www.energizerholdings.com. This press release has been issued in accordance with Rule 135c under the Securities Act.
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