Perimeter Solutions, Inc. (PRM), a provider of firefighting products and lubricant additives, on Monday said its indirect subsidiary, Perimeter Holdings, LLC intends to offer $550 million of senior secured notes due 2034.
The company said it plans to use the net proceeds to fund the cash consideration for its previously announced acquisition of Medical Manufacturing Technologies LLC (MMT), as well as to pay related fees and expenses.
If the MMT acquisition is not completed by September 9, 2026, or if Perimeter Holdings decides not to pursue or terminates the purchase agreement without completing the deal, the company said it will be required to redeem the notes.
Perimeter Solutions shares rose more than 2% in pre-market trading after closing at $28.41, down 1.29%.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.