Cott Corporation (TSE:BCB) Files An 8-K Other Events
Item8.01 Other Events
On April5, 2017, Cott Corporation (the Company) issued a press
release announcing that its wholly owned subsidiary, DS Services
of America, Inc. (the Issuer), provided notice (the Notice) of
partial redemption to the holders of its $350,000,000 aggregate
principal amount of 10.000% Second-Priority Senior Secured Notes
due 2021 (the Notes) issued to that certain Indenture, dated
August30, 2013 (as amended, amended and restated or supplemented
through the date hereof, the Indenture), by and among the Issuer,
the Company, as a guarantor, the other guarantors party thereto
from time to time and Wilmington Trust, National Association, as
trustee and collateral agent. to the Notice, the Issuer has
elected to redeem $100,000,000 in aggregate principal amount of
the outstanding Notes on May5, 2017 (the Redemption Date).
The redemption price of the Notes, as set forth in the Indenture,
is equal to 100.000% of the principal amount of such Notes
redeemed, plus the relevant Applicable Premium (as defined in the
Indenture) as of, and accrued and unpaid interest thereon, if
any, to, but excluding, the Redemption Date.
This Current Report on Form 8-K does not constitute a notice of
redemption under the Indenture, nor an offer to tender for, or
purchase, any Notes or any other security.
A copy of the press release relating to the partial redemption of
the Notes is attached hereto as Exhibit 99.1.
Item9.01 Financial Statements and Exhibits
| (d) | Exhibits |
|
ExhibitNo. |
Description |
|
| 99.1 |
Press Release of Cott Corporation, dated April5, 2017, regarding the partial redemption of DS Services of America, Inc.s 10.000% Second-Priority Senior Secured Notes due 2021. |
About Cott Corporation (TSE:BCB)
Cott Corporation, along with its subsidiaries, is engaged in production of beverages on behalf of retailers, brand owners and distributors. The Company operates through four segments: DSS; Cott North America; Cott United Kingdom (Cott U.K.), and All Other, which includes its Mexico segment, Royal Crown International (RCI) segment and other miscellaneous expenses. The DSS segment provides direct-to-consumer products, such as bottled water, coffee, brewed tea, water dispensers, coffee and tea brewers, and filtration equipment. Its traditional business consists of its Cott North America, Cott U.K. and All Other segments. Its traditional business produces products, including carbonated soft drinks, shelf stable juice and juice-based products, sports drinks, liquid enhancers, freezables, hot chocolate, creamers/whiteners, cereals and beverage concentrates directly or through third-party manufacturers. Cott Corporation (TSE:BCB) Recent Trading Information
Cott Corporation (TSE:BCB) closed its last trading session down -0.10 at 16.12 with 118,690 shares trading hands.