---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-116089"
form_type: "8-K"
ticker: "BALL"
cik: "0000009389"
company_name: "BALL Corp"
filed_at: "2025-11-26T23:59:59+00:00"
generated_at: "2026-05-16T16:45:25.896566+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Ball Corporation Refinances $3.5B Credit Facilities, Extends Maturity to 2030

## Summary
- On Nov 25, 2025, Ball Corp entered a Sixth Amendment to Credit Agreement, refinancing existing facilities with new $3.5B senior secured credit facilities maturing in 2030.
- New facilities include a $1.25B USD revolver, a $750M multicurrency revolver, and a $1.5B term loan A, extending maturity from June 2027 to Nov 2030.
- Interest rates based on SOFR, SONIA, EURIBOR, etc., with margins ranging from 1.00%-1.50% for benchmark rates and 0.00%-0.50% for base rate, depending on net leverage ratio.
- Ball must maintain net leverage ratio ≤ 4.50x; increases to 5.00x upon certain acquisitions. Term loan A amortization starts with $9.375M quarterly installments in March 2027.
- CFO Daniel Rabbitt stated the facilities strengthen financial position, provide flexibility for strategic initiatives, and support sustainable growth and shareholder value.

## SEC filing metadata
- accession: 0001104659-25-116089
- form_type: 8-K
- ticker: BALL
- cik: 0000009389
- company_name: BALL Corp
- filed_at: 2025-11-26T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/9389/000110465925116089/0001104659-25-116089-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/9389/000110465925116089/tm2532071d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-116089
- JSON: https://secwatch.observer/filing/0001104659-25-116089.json
- Plain text: https://secwatch.observer/filing/0001104659-25-116089.txt

## Key facts
- Debt Financings
  BALL Corp amended credit facility with Bank of America, N.A., as administrative agent and as collateral agent at term secured overnight financing rate ("SOFR") or base rate, plus a margin maturing extending the maturity of each facility from June 28, 2027 to November 25, 2030.
  - Instrument: credit facility
  - Counterparty: Bank of America, N.A., as administrative agent and as collateral agent
  - Rate: term secured overnight financing rate ("SOFR") or base rate, plus a margin
  - Maturity: extending the maturity of each facility from June 28, 2027 to November 25, 2030
  - Event: amendment
  source text: On November 25, 2025, Ball Corporation, an Indiana corporation (“ Ball ”), entered into a Sixth Amendment to Credit Agreement (the “ Sixth Amendment ”), among Ball, as a borrower and guarantor, certain subsidiaries of Ball party thereto as borrowers and as guarantors, Bank of America, N.A., as administrative agent and as collateral agent, the lenders party thereto, and the initial issuing banks party thereto, which amends Ball’s existing stock secured Credit Agreement, dated as of March 18, 2016 (as amended prior to the Sixth Amendment, the “ Credit Agreement ” and, as amended by the Sixth Amendment, the “ Amended Credit Agreement ”) by, among other things, (i) extending the maturity of each facility from June 28, 2027 to November 25, 2030 and (ii) refinancing the existing term loan A and revolving facilities
  evidence_url: https://www.sec.gov/Archives/edgar/data/9389/000110465925116089/0001104659-25-116089-index.htm
- Material Agreements
  BALL Corp amended Sixth Amendment to Credit Agreement with Bank of America, N.A., as administrative agent and as collateral agent, the lenders party thereto, and the initial issuing banks party thereto valued at an aggregate principal amount of $1,500,000,000, $1,250,000,000, and $750,000,000 (effective 2025-11-25).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Bank of America, N.A., as administrative agent and as collateral agent, the lenders party thereto, and the initial issuing banks party thereto
  - Value: an aggregate principal amount of $1,500,000,000, $1,250,000,000, and $750,000,000
  - Effective: 2025-11-25
  source text: On November 25, 2025, Ball Corporation, an Indiana corporation (“ Ball ”), entered into a Sixth Amendment to Credit Agreement (the “ Sixth Amendment ”), among Ball, as a borrower and guarantor, certain subsidiaries of Ball party thereto as borrowers and as guarantors, Bank of America, N.A., as administrative agent and as collateral agent, the lenders party thereto, and the initial issuing banks party thereto, which amends Ball’s existing stock secured Credit Agreement, dated as of March 18, 2016 (as amended prior to the Sixth Amendment, the “ Credit Agreement ” and, as amended by the Sixth Amendment, the “ Amended Credit Agreement ”) by, among other things, (i) extending the maturity of each facility from June 28, 2027 to November 25, 2030 and (ii) refinancing the existing term loan A and revolving facilities thereunder with (x) a term loan A facility available to Ball in an aggregate principal amount of $1,500,000,000, (y) a U.S. dollar revolving credit facility available to Ball and
  evidence_url: https://www.sec.gov/Archives/edgar/data/9389/000110465925116089/0001104659-25-116089-index.htm

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