Crown Holdings enters $2.825B credit facility; maturity extended to 2031

CROWN HOLDINGS, INC.

New facilities: $800M Dollar Revolver, $800M Multicurrency Revolver, $50M Canadian Revolver, $1,175M Term Loan A, €499.5M Term Euro.
Five-year term ending March 17, 2031; interest at SOFR + 1.25% at closing, adjusted ±0.25% based on leverage ratio.
Proceeds used to refinance prior credit agreement, pay transaction costs, and for general corporate purposes.
Credit secured by equity interests of U.S. and certain non-U.S. subsidiaries; guaranteed by parent guarantors including Crown Holdings.
Includes financial covenant (maximum leverage ratio), mandatory prepayment provisions, and customary affirmative/negative covenants.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CROWN HOLDINGS, INC. amended Second Amended and Restated Credit Agreement with Deutsche Bank AG New York Branch (effective 2026-03-17).

Action: amendment
Agreement: credit facility
Counterparty: Deutsche Bank AG New York Branch
Effective: 2026-03-17

Exact text from the filing

On March 17, 2026, Crown Holdings, Inc. (the “Company”) entered into a Second Amended and Restated Credit Agreement (the “Restated Credit Agreement”), among CROWN Americas LLC (“Crown Americas”), a wholly-owned indirect subsidiary of the Company, as a U.S. Borrower, Signode Industrial Group US Inc., a wholly-owned indirect subsidiary of the Company, as a U.S. Borrower, Crown European Holdings S.A., a wholly-owned indirect subsidiary of the Company, as European Borrower, CROWN Metal Packaging Canada LP, a wholly-owned indirect subsidiary of the Company, as Canadian Borrower, each of the Subsidiary Borrowers from time to time party thereto (and together with U.S. Borrowers, European Borrower, and Canadian Borrower, the “Borrowers”), the Company, Crown Cork & Seal Company, Inc., and Crown International Holdings, LLC, each as Parent Guarantors, Deutsche Bank AG, Canada Branch, as Canadian Administrative Agent, Deutsche Bank AG, London Branch, as U.K. Administrative Agent, Deutsche Bank AG

View on SEC.gov

299 material agreements filed in the last 30 days. Browse all material agreements →

CROWN HOLDINGS, INC. filing history →

Source: SEC EDGAR

accession 0001193125-26-119866

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

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.