Reynolds Consumer upsizes revolver to $700M, extends maturity to Oct 2029

Reynolds Consumer Products Inc.

Replaced undrawn $250M revolving facility maturing Feb 2026 with $700M facility maturing Oct 2029.
Term loan facility of $1.784B outstanding as of June 30, 2024, still matures Feb 2027.
CFO Scott Huckins cites optimization of capital structure and increased financial flexibility.
Wells Fargo acted as lead left arranger and syndication agent for the new facility.

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