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May 24, 2015 7:27 PM ET

Beverages

Company Overview of Cott Beverages Inc.

Company Overview

Cott Beverages Inc. produces, packages, and distributes beverages. Its product line includes carbonated soft drinks, beverages, juices, juice-based products, bottled water, organic and energy beverages, and iced teas. The company serves grocery, mass merchandise and drugstore chains, and wholesale and convenience store chains. It has beverage manufacturing facilities in the United States, Canada, the United Kingdom, and Mexico. The company was formerly known as BCB USA Corp. and changed its name to Cott Beverages Inc. in June, 2001. The company was founded in 1991 and is based in Tampa, Florida. Cott Beverages Inc. operates as a subsidiary of Cott Corporation.

5519 West Idlewild Avenue

Suite 290

Tampa, FL 33634

United States

Founded in 1991

Phone:

813-313-1800

Fax:

813-313-1811

Key Executives for Cott Beverages Inc.

Chairman of the Board and Chief Executive Officer
Age: 69
President, Chief Operating Officer and Director
Age: 56
Executive Vice President and President of Cott Beverages USA
Age: 58
Compensation as of Fiscal Year 2014.

Cott Beverages Inc. Key Developments

Cott Beverages Inc. Prices Offer of $625 Million of Senior Notes

Cott Beverages Inc. priced a private placement offering of $625 million in aggregate principal amount of senior notes. The notes will mature on January 1, 2020 and interest on the Notes will accrue and be payable semi-annually in arrears commencing July 1, 2015 at the rate of 6.75% per annum. The Notes will yield gross proceeds to Cott Beverages of approximately $625 million. Cott Beverages expects to use the net proceeds from the offering to fund a portion of the purchase price and related fees and expenses for the previously announced and pending acquisition of DSS Group Inc. The offering of the notes is expected to close concurrently with, and will be conditioned on, the closing of the DSS Acquisition. Cott intends to finance the remaining portion of the DSS Acquisition through a draw-down on its asset based lending facility as well as a private offering of preferred shares to current investors of DSS Group Inc. The settlement of the Notes is expected to occur on December 12, 2014 and is subject to customary closing conditions.

Cott Announces Intention to Offer $615 Million of Senior Notes

Cott Beverages Inc. intends, subject to market and other customary conditions, to offer $615 million aggregate principal amount of senior notes due 2019. The Notes will be offered to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and to non-U.S. persons in accordance with Regulation S under the Securities Act. The Notes will be fully and unconditionally guaranteed by Cott Corporation and certain of its subsidiaries. Cott Beverages expects to use the net proceeds from the offering to fund a portion of the purchase price and related fees and expenses for the previously announced and pending acquisition of DSS Group Inc. The offering of the Notes is expected to close concurrently with, and will be conditioned on, the closing of the DSS Acquisition. Cott intends to finance the remaining portion of the DSS Acquisition through a draw-down on its asset based lending facility as well as a private offering of preferred shares to current investors of DSS Group Inc.

Cott Announces Expiration of Tender Offer for 8.125% Senior Notes Due 2018

Cott Corporation announced the expiration of the previously announced cash tender offer and consent solicitation by its wholly owned subsidiary, Cott Beverages Inc., for any and all of its 8.125% senior notes due 2018. The Tender Offer expired at 11:59 p.m., New York City time, on July 8, 2014. As of the expiration date, Cott Beverages had received valid tenders from holders of $296,104,000 aggregate principal amount of 2018 Notes, or 78.96% of the total outstanding prior to the Tender Offer. Holders who validly tendered their 2018 Notes after the Consent Expiration and prior to the expiration date of the Tender Offer will receive total consideration of $1,024.63 per $1,000 principal amount of the 2018 Notes plus accrued and unpaid interest from the last payment date to, but not including, the settlement date. Cott Beverages expects to make payment today, July 9, 2014, for such 2018 Notes.

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