debt
confidence high
sentiment neutral
materiality 0.60
AptarGroup closes $600M offering of 4.750% Senior Notes due 2031
APTARGROUP, INC.
- $600M principal; 4.750% coupon, semi-annual; matures March 30, 2031.
- Make-whole call before Feb 28, 2031; at par thereafter; change-of-control put at 101%.
- Notes are unsecured, rank equally with existing senior unsecured debt; issued under shelf registration.
- Net proceeds not specified; underwriting led by J.P. Morgan, PNC, SG Americas, Wells Fargo.