Premium Brands Holdings Corporation Announces the Closing of the Over-Allotment Option Exercised in Connection with its Recently Completed $150 Million Public Offering of 5.50% Convertible Unsecured Subordinated Debentures

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VANCOUVER, BC, March 25, 2025 /CNW/ - Premium Brands Holdings Corporation ("Premium Brands" or the "Company") (TSX:PBH.TO), a leading producer, marketer and distributor of branded specialty food products, is pleased to announce the successful closing of the issue and sale of an additional $22,500,000 aggregate principal amount of 5.50% convertible unsecured subordinated debentures (the "Debentures") pursuant to the exercise of the over-allotment option granted to the syndicate of underwriters which was co-led by CIBC Capital Markets, National Bank Financial Inc., BMO Capital Markets and Scotiabank, and included Desjardins Securities Inc., Raymond James Ltd., RBC Dominion Securities Inc., TD Securities Inc., Canaccord Genuity Corp., Cormark Securities Inc., Stifel Nicolaus Canada Inc. and Ventum Capital Markets.