other material
confidence high
sentiment neutral
materiality 0.55
Crown Holdings plans €400M senior unsecured notes due 2028 to repay revolver
CROWN HOLDINGS, INC.
- Offering of €400M aggregate principal senior unsecured notes due 2028 by subsidiary Crown European Holdings S.A.
- Notes guaranteed by Crown Holdings and certain subsidiaries; proceeds to temporarily repay revolver debt.
- Private placement to QIBs under Rule 144A and non-U.S. persons under Regulation S; not registered under Securities Act.
- Offering subject to market conditions; no assurance of completion.