secwatch.observer — SEC 8-K summary
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Issuer:     BERRY GLOBAL GROUP, INC. (—)
CIK:        0001378992
Form:       8-K
Filed at:   2024-01-17T23:59:59+00:00
Accession:  0001104659-24-004462
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Berry Global issues $800M of 5.650% senior secured notes due 2034
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- $800M aggregate principal of 5.650% First Priority Senior Secured Notes maturing Jan 15, 2034.
- Interest payable semiannually on Jan 15 and Jul 15, beginning Jul 15, 2024.
- Notes are first priority secured by substantially all assets; parent Berry Global Group guarantees.
- Before Oct 15, 2033, redeemable at greater of T+25bps or 100% plus accrued; after at 100%.
- Change of control with rating downgrade triggers offer to repurchase at 101% plus accrued.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1378992/000110465924004462/0001104659-24-004462-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1378992/000110465924004462/tm243477d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-004462

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer