Amcor said Amcor UK Finance plc entered into an Underwriting Agreement with the underwriters to issue and sell €500,000,000 aggregate principal amount of its 3.950% Guaranteed Senior Notes due 2032 on May 22, 2024.

8-KOther EventsFiled May 29, 2024Period of report May 22, 2024Summary published (UTC) Oct 26, 2026

Key points

AI summary

Amcor said Amcor UK Finance plc entered into an Underwriting Agreement with the underwriters to issue and sell €500,000,000 aggregate principal amount of its 3.950% Guaranteed Senior Notes due 2032 on May 22, 2024.
The company said interest on the Notes will be payable annually in arrears on May 29, starting on May 29, 2025, and the Notes will mature on May 29, 2032.
The company expects net proceeds of about €493 million after deducting the underwriting discount and estimated offering expenses. It said it plans to use the proceeds to repay a portion of its commercial paper borrowings and use any remainder for general corporate purposes.
Amcor said each Guarantor, including Amcor plc, provided a full and unconditional guarantee of the Notes, which were issued under an Indenture dated May 29, 2024, with Deutsche Bank Trust Company Americas as trustee.

Summary

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Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Amcor Prices €500,000,000 3.950% Senior Guaranteed Notes Offering

Amcor said Amcor UK Finance plc entered into an Underwriting Agreement with the underwriters to issue and sell €500,000,000 aggregate principal amount of its 3.950% Guaranteed Senior Notes due 2032 on May 22, 2024.

Source · Based on the filing body and exhibits

Interest Payment and Maturity Terms of the Notes

The company said interest on the Notes will be payable annually in arrears on May 29, starting on May 29, 2025, and the Notes will mature on May 29, 2032.

Source · Based on the filing body and exhibits

Expected Net Proceeds of About €493 million and Intended Use

The company expects net proceeds of about €493 million after deducting the underwriting discount and estimated offering expenses. It said it plans to use the proceeds to repay a portion of its commercial paper borrowings and use any remainder for general corporate purposes.

Source · Based on the filing body and exhibits

Unconditional Parent and Subsidiary Guarantees and Indenture

Amcor said each Guarantor, including Amcor plc, provided a full and unconditional guarantee of the Notes, which were issued under an Indenture dated May 29, 2024, with Deutsche Bank Trust Company Americas as trustee.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

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