Crown subsidiary tenders $317.3M of 7 3/8% Debentures due 2026 in cash offer

CROWN HOLDINGS, INC.

Outstanding $350M; $317,295,000 principal tendered; $339,000 in guaranteed delivery protects.
Consideration $1,036.53 per $1,000 principal, plus accrued interest; settled Nov 21, 2025.
Fixed spread of 15 bps over Reference Yield of 3.693% (U.S. Treasury 4.375% due 12/15/2026).
Tender offer expired Nov 18, 2025 at 5:00 p.m. NYC time; settlement expected Nov 21.
Mizuho Securities and PNC Capital Markets acted as Dealer Managers.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.