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Perimeter Solutions Issues Notes to Finance Strategic Acquisition

Story Highlights
  • On January 2, 2026, Perimeter completed a $550 million senior secured notes offering.
  • Proceeds will fund the MMT acquisition, with robust guarantees, covenants, and redemption protections.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Perimeter Solutions Issues Notes to Finance Strategic Acquisition

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Perimeter Solutions ( (PRM) ) just unveiled an announcement.

On January 2, 2026, Perimeter Holdings, LLC, an indirect wholly owned subsidiary of Perimeter Solutions, Inc., completed a $550 million offering of 6.250% senior secured notes due January 15, 2034, in a private placement exempt from SEC registration, with interest payable semi-annually starting July 15, 2026. The company plans to use the proceeds, along with cash on hand, to fund the acquisition of Medical Manufacturing Technologies, LLC and related transaction costs, with the notes fully and unconditionally guaranteed on a senior secured basis by Perimeter Intermediate, LLC and certain restricted subsidiaries and secured by a first-priority lien on substantially all of their assets; the notes carry customary covenants, redemption features including a mandatory redemption if the MMT deal is not completed by September 9, 2026 or is abandoned, and a change-of-control put right at 101% of principal, underscoring Perimeter’s effort to balance acquisition-driven growth with creditor protections and structured downside safeguards for investors.

The most recent analyst rating on (PRM) stock is a Hold with a $30.00 price target. To see the full list of analyst forecasts on Perimeter Solutions stock, see the PRM Stock Forecast page.

Spark’s Take on PRM Stock

According to Spark, TipRanks’ AI Analyst, PRM is a Neutral.

PRM scores mid-range primarily due to improved balance sheet strength and a constructive technical uptrend, supported by a generally positive earnings call centered on strong Fire Safety performance and a major contract. The score is held back by high valuation (P/E 66.03) and mixed profitability/cash-flow quality signals (negative EBIT margin and weak FCF conversion), with additional execution risk from Specialty Products operational issues and the planned acquisition financing.

To see Spark’s full report on PRM stock, click here.

More about Perimeter Solutions

Perimeter Solutions, Inc., through its indirect wholly owned subsidiary Perimeter Holdings, LLC, operates with a capital structure that includes senior secured notes and a revolving credit facility, reflecting an active presence in the corporate debt markets to support its strategic growth initiatives, including acquisitions.

Average Trading Volume: 1,083,677

Technical Sentiment Signal: Buy

Current Market Cap: $4.07B

Find detailed analytics on PRM stock on TipRanks’ Stock Analysis page.

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