secwatch / observer
8-K filed May 26, 2023, 7:59 PM ET ticker OI CIK 0000812074
debt confidence high sentiment neutral materiality 0.60

O-I Glass, Inc. /DE/ (OI): debt financing — O-I Glass units issue $690M and €600M in senior notes due 2031 and 2028

O-I Glass, Inc. /DE/

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.99

O-I Glass, Inc. /DE/ incurred senior notes of $690 million with eligible purchasers under Rule 144A and Regulation S at 7.250% maturing 2031.

Instrument
senior notes
Principal
$690 million
Counterparty
eligible purchasers under Rule 144A and Regulation S
Rate
7.250%
Maturity
2031
Event
incurrence
Exact text from the filing
completed a private offering of $690 million aggregate principal amount of its 7.250% Senior Notes due 2031 (the "OBGC Notes") to eligible purchasers under Rule 144A and Regulation S of the U.S. Securities Act of 1933, as amended (the "Securities Act").
View on SEC.gov
Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.99

O-I Glass, Inc. /DE/ incurred senior notes of €600 million with eligible purchasers under Rule 144A and Regulation S at 6.250% maturing 2028.

Instrument
senior notes
Principal
€600 million
Counterparty
eligible purchasers under Rule 144A and Regulation S
Rate
6.250%
Maturity
2028
Event
incurrence
Exact text from the filing
completed a private offering of €600 million aggregate principal amount of its 6.250% Senior Notes due 2028 (the "OIEG Notes" and, together with the OBGC Notes, the "Notes") to eligible purchasers under Rule 144A and Regulation S of the Securities Act.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

O-I Glass, Inc. /DE/ entered into OIEG Indenture with OI European Group B.V., the guarantors party thereto including Owens-Illinois Group, Inc., U.S. Bank Trust Company, National Association, and Elavon Financial Services DAC valued at €600 million (effective 2023-05-25).

Action
entry
Agreement
notes offering
Counterparty
OI European Group B.V., the guarantors party thereto including Owens-Illinois Group, Inc., U.S. Bank Trust Company, National Association, and Elavon Financial Services DAC
Value
€600 million
Effective
2023-05-25
Exact text from the filing
OIEG Indenture On May 25, 2023, OI European Group B.V. (“OIEG”), a private limited liability company incorporated under the laws of the Netherlands and an indirect wholly-owned subsidiary of O-I Glass,
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

O-I Glass, Inc. /DE/ entered into OBGC Indenture with Owens-Brockway Glass Container Inc., the guarantors party thereto including Owens-Illinois Group, Inc., and U.S. Bank Trust Company, National Association valued at $690 million (effective 2023-05-25).

Action
entry
Agreement
notes offering
Counterparty
Owens-Brockway Glass Container Inc., the guarantors party thereto including Owens-Illinois Group, Inc., and U.S. Bank Trust Company, National Association
Value
$690 million
Effective
2023-05-25
Exact text from the filing
OBGC Indenture On May 25, 2023, Owens-Brockway Glass Container Inc. (“OBGC”), a Delaware corporation and an indirect wholly owned subsidiary of O-I Glass, Inc.
View on SEC.gov

Browse all debt financings →

O-I Glass, Inc. /DE/ filing history →

Source: SEC EDGAR
accession 0001104659-23-065000
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.