---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-065000"
form_type: "8-K"
ticker: "OI"
cik: "0000812074"
company_name: "O-I Glass, Inc. /DE/"
filed_at: "2023-05-26T23:59:59+00:00"
generated_at: "2026-06-14T13:43:11.020169+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# O-I Glass units issue $690M and €600M in senior notes due 2031 and 2028

## Summary
- Owens-Brockway Glass Container issued $690M of 7.250% Senior Notes due 2031.
- OI European Group B.V. issued €600M of 6.250% Senior Notes due 2028.
- Both notes are fully guaranteed by Owens-Illinois Group and certain U.S. subsidiaries.
- Offerings completed on May 25, 2023 via private placements under Rule 144A/Reg S.

## SEC filing metadata
- accession: 0001104659-23-065000
- form_type: 8-K
- ticker: OI
- cik: 0000812074
- company_name: O-I Glass, Inc. /DE/
- filed_at: 2023-05-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/812074/000110465923065000/0001104659-23-065000-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/812074/000110465923065000/tm2316971d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-065000
- JSON: https://secwatch.observer/filing/0001104659-23-065000.json
- Plain text: https://secwatch.observer/filing/0001104659-23-065000.txt

## Key facts
- Debt Financings
  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
  source text: 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").
  evidence_url: https://www.sec.gov/Archives/edgar/data/812074/000110465923065000/0001104659-23-065000-index.htm
- Debt Financings
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/812074/000110465923065000/0001104659-23-065000-index.htm
- Material Agreements
  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
  source text: 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,
  evidence_url: https://www.sec.gov/Archives/edgar/data/812074/000110465923065000/0001104659-23-065000-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/812074/000110465923065000/0001104659-23-065000-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.