secwatch / observer
8-K filed November 21, 2023, 6:59 PM ET CIK 0001012100
debt confidence high sentiment neutral materiality 0.65

SEALED AIR CORP/DE: debt financing — SEE issues $425M of 7.250% senior notes due 2031 to refinance 5.125% notes due 2024

SEALED AIR CORP/DE

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

SEALED AIR CORP/DE incurred senior notes of $425 million aggregate principal amount with Truist Bank, as trustee at 7.250% maturing February 15, 2031.

Instrument
senior notes
Principal
$425 million aggregate principal amount
Counterparty
Truist Bank, as trustee
Rate
7.250%
Maturity
February 15, 2031
Event
incurrence
Exact text from the filing
the Issuers issued $425 million aggregate principal amount of 7.250% senior notes due 2031
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

SEALED AIR CORP/DE entered into Indenture with Truist Bank valued at $425 million aggregate principal amount of 7.250% senior notes due 2031 (effective 2023-11-20).

Action
entry
Agreement
notes offering
Counterparty
Truist Bank
Value
$425 million aggregate principal amount of 7.250% senior notes due 2031
Effective
2023-11-20
Exact text from the filing
On November 20, 2023, Sealed Air Corporation (the “Company”), Sealed Air Corporation (US) (together with the Company, the “Issuers”), certain wholly owned domestic subsidiaries of the Company (the “Guarantors”), and Truist Bank, as trustee (the “Trustee”), registrar and paying agent, entered into an Indenture dated as of November 20, 2023 (the “Indenture”), pursuant to which the Issuers issued $425 million aggregate principal amount of 7.250% senior notes due 2031 (the “Notes”).
View on SEC.gov

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Source: SEC EDGAR
accession 0001628280-23-039683
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