secwatch.observer — SEC 8-K summary
======================================

Issuer:     O-I Glass, Inc. /DE/ (OI)
CIK:        0000812074
Form:       8-K
Filed at:   2024-05-24T23:59:59+00:00
Accession:  0001104659-24-065142
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

O-I Glass subsidiary tenders €323.4M of €500M 2.875% Notes due 2025
-------------------------------------------------------------------

- OIEG received tenders of €323.4M aggregate principal of 2.875% Senior Notes, ~64.7% of €500M outstanding.
- Total consideration per €1,000 principal is €992.50; settlement expected May 29, 2024.
- Remaining ~€176.6M in notes not tendered will stay outstanding.
- Funds sourced from cash; transaction reduces indebtedness and interest expense.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/812074/000110465924065142/0001104659-24-065142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/812074/000110465924065142/tm2414914d3_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-065142

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