The company said Amcor Group Finance plc entered into an underwriting agreement with the underwriters to issue and sell Guaranteed Senior Notes due 2029 with a total principal amount of $500,000,000 at 5.450%, on May 21, 2024.

1. 01

   The company said Amcor Group Finance plc entered into an underwriting agreement with the underwriters to issue and sell Guaranteed Senior Notes due 2029 with a total principal amount of $500,000,000 at 5.450%, on May 21, 2024.

2. 02

   The company said interest on the notes will be paid semi-annually in arrears on May 23 and November 23 each year, with the first payment on November 23, 2024, and the notes will mature on May 23, 2029.

3. 03

   The company said net proceeds after the underwriting discount and estimated offering expenses are about $496 million. It plans to use them to repay a portion of its commercial paper borrowings and, if any amount remains, for general corporate purposes, including repayment of other short- and long-term debt.

4. 04

   The company said that in connection with the completion of the notes offering on May 23, 2024, Amcor Group Finance plc became a Relevant Guarantor under the existing Indentures and a guarantor under the 3-year and 5-year syndicated facility agreements.

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Original filing

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