Pestalozzi advises Cott Beverages on USD 750 Million Senior Notes Offering
Pestalozzi advised Cott Beverages and Deutsche Bank Securities Inc., J.P. Morgan Securities LLC, SunTrust Robinson Humphrey, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and Wells Fargo Securities, LLC, as joint book-running managers, and PNC Capital Markets LLC, as co-manager on a Rule 144A/Regulation S offering. The offering featured a USD 750 million aggregate principal amount of senior notes due 2025 issued by Cott Beverages combined with a repurchase of notes.
Cott Beverages is quoted on NYSE and TSE. Cott Beverages is one of the world’s largest producers of beverages on behalf of retailers, brand owners and distributors. Cott has one of the broadest home and office bottled water and office coffee service distribution networks in the United States of America.
Pestalozzi was engaged as Swiss counsel and advised on all tax and legal aspects.