secwatch.observer — SEC 8-K summary
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Issuer:     CROWN HOLDINGS, INC. (CCK)
CIK:        0001219601
Form:       8-K
Filed at:   2025-11-19T23:59:59+00:00
Accession:  0001193125-25-287119
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1219601/000119312525287119/0001193125-25-287119-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1219601/000119312525287119/d104399d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-287119

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