debt
confidence high
sentiment neutral
materiality 0.50
Amcor issues $500M of 5.625% Senior Notes due 2033
Amcor plc
- Issued $500M aggregate principal of 5.625% Guaranteed Senior Notes due May 26, 2033.
- Net proceeds expected to be ~$491M after underwriting discounts and expenses.
- Proceeds to repay commercial paper borrowings; remainder for general corporate purposes.
- Notes are fully and unconditionally guaranteed by Amcor plc and certain subsidiaries.