---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-099931"
form_type: "8-K"
ticker: "SON"
cik: "0000091767"
company_name: "SONOCO PRODUCTS CO"
filed_at: "2024-09-16T23:59:59+00:00"
generated_at: "2026-05-31T04:49:46.211341+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Sonoco enters $1.5B 364-day term loan to fund Eviosys acquisition; upsized from $1.2B

## Summary
- Credit agreement upsized to $1.5B from previously announced $1.2B commitment.
- Loan will bear interest at SOFR plus margin based on credit ratings; 364-day maturity.
- Proceeds to finance part of cash consideration for pending acquisition of Titan Holdings I B.V. (Eviosys).
- Bridge facility commitments reduced to $1.8B as a result of this new term loan facility.

## SEC filing metadata
- accession: 0001104659-24-099931
- form_type: 8-K
- ticker: SON
- cik: 0000091767
- company_name: SONOCO PRODUCTS CO
- filed_at: 2024-09-16T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/91767/000110465924099931/0001104659-24-099931-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/91767/000110465924099931/tm2424099d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-099931
- JSON: https://secwatch.observer/filing/0001104659-24-099931.json
- Plain text: https://secwatch.observer/filing/0001104659-24-099931.txt

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