2023-05-08 16:58:33 ET
- Ball Corporation ( NYSE: BALL ) on Monday priced an underwritten public offering of $1.00 billion 6.000% senior notes due 2029.
- The offering is expected to close on May 11, 2023.
- Ball intends to use the net proceeds from the offering to repay $800 million in outstanding borrowings under its U.S. dollar revolving credit facility.
- Remaining proceeds are to be used for general corporate purposes, which may include the refinancing or repayment of debt.
- Citigroup Global Markets, Goldman Sachs, Mizuho Securities USA and SMBC Nikko Securities America are acting as global coordinators and joint book-running managers of the notes offering.
- Press Release .
For further details see:
Ball Corp prices offering of $1B senior notes