August 16, 2017 3:37 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, mixers, energy products, water, juices and juice-based products, ready to drink teas, and sports drinks, as well as alcoholic beverages for brand owners. Cott Beverages Inc. was formerly known as BCB USA Corp. and changed its name to Cott Beverages Inc. on June 13, 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:

813-881-1926

Key Executives for Cott Beverages Inc.

Chairman of the Board and Chief Executive Officer
Age: 72
President, Chief Operating Officer and Director
Age: 59
President of Cott's North America Business
Executive Vice President and President of Cott Beverages USA
Age: 61
Compensation as of Fiscal Year 2017.

Cott Beverages Inc. Key Developments

Cott Beverages Inc. announces Extension of Expiration Time of Tender Offer and Consent Solicitation

Cott Beverages has accepted for purchase $202,316,000 aggregate principal amount of the 2020 Notes, or 32.37% of the total outstanding 2020 Notes, which were validly tendered prior to 5:00 p.m., New York City time, on March 17, 2017 (the "Early Tender Deadline"), pursuant to Cott Beverages' previously announced cash tender offer and consent solicitation (the "Tender Offer"). Holders of the 2020 Notes accepted for purchase will receive the "Total Consideration" of $1,035.15 per $1,000 principal amount of the 2020 Notes, plus accrued and unpaid interest to, but not including, the initial settlemen date for the Tender Offer, which is on March 22, 2017. In addition, Cott Beverages has extended the expiration date of the Tender Offer from 11:59 p.m., New York City time, on March 31, 2017, to 5:00 p.m., New York City time, on April 6, 2017 (as so extended and as may be further extended or earlier terminated, the "Expiration Time"). Holders who tender their 2020 Notes prior to the Expiration Time will be eligible to receive the "Tender Offer Consideration" equal to $1,025.15 per $1,000 principal amount of the 2020 Notes, plus any accrued and unpaid interest on the 2020 Notes up to, but not including, the final settlement date for the Tender Offer. As previously announced Cott Beverages intends to redeem the remaining outstanding 2020 Notes on April 5, 2017 at a redemption price equal to 103.375% of the aggregate principal amount of the 2020 Notes to be redeemed, plus any accrued and unpaid interest on the principal amount being redeemed to, but not including, the redemption date.

Cott Beverages Inc. Announces Tender Offer and Consent Solicitation for Any and All of its Outstanding 6.75% Senior Notes Due 2020

Cott Corporation (Cott) announced the commencement of a cash tender offer by its wholly owned subsidiary, Cott Beverages Inc. (Cott Beverages), for any and all of its outstanding 6.75% senior notes due 2020. The tender offer is being made pursuant to an offer to purchase and consent solicitation statement (the offer to purchase) and a related consent and letter of transmittal (the ‘letter of transmittal’), each dated as of March 6, 2017. The offer will expire at 11:59 p.m., New York City time, on March 31, 2017, unless extended or earlier terminated (the ‘Expiration Time’). Holders who validly tender (and do not validly withdraw) their Notes on or prior to 5:00 p.m., New York City time, on March 17, 2017 (the ‘Early Tender Deadline’), and whose Notes are accepted for payment, will receive total consideration equal to $1,035.15 per $1,000 principal amount of the Notes (the ‘Total Consideration’), plus accrued and unpaid interest on the Notes up to, but not including, the initial settlement date. The Total Consideration includes an early tender payment of $10.00 per $1,000 principal amount of the Notes. Holders who validly tender (and do not validly withdraw) their Notes after the Early Tender Deadline, but on or prior to the Expiration Time, and whose Notes are accepted for payment, will receive the tender consideration equal to $1,025.15 per $1,000 principal amount of the Notes (the ‘Tender Consideration’) plus accrued and unpaid interest on the Notes up to, but not including, the final settlement date. Holders of Notes who tender after the Early Tender Deadline will not receive the early tender payment. Holders who tender Notes on or prior to March 17, 2017 (the ‘Withdrawal Deadline’) may withdraw such Notes at any time on or prior to the Withdrawal Deadline. As part of the tender offer, Cott Beverages is also soliciting consents from the holders of the Notes for certain proposed amendments that would, among other things, eliminate substantially all restrictive covenants contained in the indenture governing the Notes. Adoption of the proposed amendments with respect to the Notes requires the consent of the holders of at least a majority of the outstanding principal amount of the Notes. Holders who tender their Notes will be deemed to consent to the proposed amendments and holders may not deliver consents to the proposed amendments without tendering their Notes in the tender offer. The consent solicitation is being made pursuant to the Offer to Purchase and the Letter of Transmittal, which more fully set forth the terms and conditions of the consent solicitation. The tender offer and consent solicitation are subject to customary conditions, including, among other things, a financing condition. Provided that the conditions to the tender offer, including the financing condition that Cott Holdings Inc., a Delaware corporation and the parent company of Cott Beverages, receives proceeds from its concurrent senior notes offering, have been satisfied or waived, Cott Beverages will pay for the Notes purchased in the tender offer, together with accrued and unpaid interest, on either the initial settlement date or the final settlement date, as applicable. Holders of the Notes that have been validly tendered and accepted by Cott Beverages by the Early Tender Deadline will receive the Total Consideration and will be paid on the initial settlement date, which is expected to be promptly after satisfaction of the financing condition and following the Early Tender Deadline, provided that all other conditions to the offer have been satisfied or waived at such time. Holders of the Notes that have been validly tendered and accepted by Cott Beverages after the Early Tender Deadline, but on or prior to the Expiration Time, will receive the Tender Consideration only, and will be paid on the final settlement date, which is expected to be promptly after the date on which the Expiration Time occurs. Concurrently with the commencement of the tender offer, Cott Beverages called for redemption all of the outstanding Notes. The redemption price for the Notes is 103.375% of the aggregate outstanding principal amount thereof, plus accrued and unpaid interest to, but excluding, the redemption date. The redemption date is expected to occur on April 5, 2017. The redemption of the Notes is subject to a financing condition. In Cott Beverages' discretion, the redemption date may be delayed until such time as this condition shall have been satisfied, or the redemption may not occur and the redemption notice may be rescinded in the event such condition shall not have been satisfied by the redemption date. Cott Beverages has retained Deutsche Bank Securities to act as sole dealer manager and solicitation agent for the tender offer and consent solicitation and D.F. King & Co. Inc. to act as information agent and tender agent for the tender offer.

Cott Beverages Inc. Presents at Beverage-Digest Future Smarts Conference, Dec-09-2016

Cott Beverages Inc. Presents at Beverage-Digest Future Smarts Conference, Dec-09-2016 . Venue: Crowne Plaza Times Square, Manhattan, NY, United States.

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