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Primo Water Corporation prices IPO at $12, the midpoint of the range

November 4, 2010

Primo Water, which sells water dispensers and multi-gallon refill bottles at over 7,000 retail locations, raised $100 million by offering 8.3 million shares at $12, the midpoint of its proposed range of $11-$13. Primo Water plans to list on the NASDAQ under the symbol PRMW. Stifel Nicolaus Weisel and BB&T Capital Markets acted as lead managers on the deal.