New York, NY - April 13, 2012 (Investorideas.com water stocks newswire) Investorideas.com, a leader in sector research including water stocks issues a trading alert for water stock Primo Water Corporation (NasdaqGM:PRMW), trading at $2.07, up 0.47(29.53%) 10:46AM EDT on over 2.4 Million shares. Primo is the top percentage gainer on NASDAQ in the morning session.
The Company reported today it has received a commitment from a senior lender to enter into a new long-term $20 million senior revolving credit facility. Also, the Company expects to close a term loan for up to an additional $15 million with a separate lender, secured by certain fixed assets of the Company.
About Primo Water Corporation
Primo Water Corporation (Nasdaq:PRMW) is a leading provider of water dispensers, environmentally responsible bulk bottled water and premier sparkling beverage appliances sold through major retailers throughout the United States and Canada. Learn more about Primo Water at www.primowater.com and www.primoflavorstation.com.
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