Extracted from this filing and checked against the source text.
Debt Financings
SEC 8-K Item 2.03/2.04
confidence 0.99
O-I Glass, Inc. /DE/ incurred credit facility of up to $2.7 billion of borrowings with Wells Fargo Bank, National Association at Term SOFR or Base Rate or Eurocurrency Rate plus applicable margin; Term Loans A maturing Term loans A and revolving credit facility mature September 2030; Term loans B mature September 2032.
- Instrument
- credit facility
- Principal
- up to $2.7 billion of borrowings
- Counterparty
- Wells Fargo Bank, National Association
- Rate
- Term SOFR or Base Rate or Eurocurrency Rate plus applicable margin; Term Loans A
- Maturity
- Term loans A and revolving credit facility mature September 2030; Term loans B mature September 2032
- Event
- incurrence
Exact text from the filing
On September 30, 2025, Owens-Illinois Group, Inc. ("OI Group"), a direct, wholly owned subsidiary of O-I Glass, Inc. (the "Company") entered into an Amended and Restated Credit Agreement and Syndicated Facility Agreement with Wells Fargo Bank, National Association, as Administrative Agent, Owens-Illinois General Inc., as Borrowers' Agent, and the other Agents, Arrangers and Lenders named therein (the "Credit Agreement"). The Credit Agreement refinances in full OI Group's Credit Agreement and Syndicated Facility Agreement, dated March 22, 2022 (as amended by Amendment No. 1 to Credit Agreement and Syndicated Facility Agreement dated August 30, 2022, the "Prior Credit Agreement"). The Credit Agreement provides for up to $2.7 billion of borrowings pursuant to term loans A, term loans B and a revolving credit facility.
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