JARDEN CORPORATION 5% SENIOR NOTES DUE 2023 PURCHASE AGREEMENTPurchase Agreement • October 23rd, 2015 • Jarden Corp • Wholesale-miscellaneous nondurable goods • New York
On October 14, 2015, the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”), by and among Visant Holding Corp., a Delaware corporation (“Visant”), and certain other parties thereto. Pursuant to the terms of the Merger Agreement, the Company shall acquire 100% of the equity interests of Visant through a merger of a wholly-owned subsidiary of the Company with and into Visant, with Visant continuing as the surviving corporation (the “Acquisition”). The Company plans to fund the Acquisition through a combination of the net proceeds from the issuance by the Company of 10,000,000 million shares of its common stock on October 21, 2015 at a price of $49.00 per share, the offering of senior notes hereunder, available cash on hand, and borrowings under an increase in term loans under an existing senior credit facility (the “Incremental Term Facility”) which, together with the Acquisition, are collectively referred to herein as the “Transactions”.
