First Pay: 2026-10-15; Redemption: 2029-04-15; Registration: 144A/Reg S; Comments: CoC: 101%; First Pay: 2026-10-15; Redemption: 2029-04-15; Registration: 144A/Reg S; Comments: Announced Size: US$600m equivalent. CoC: 101%; First Pay: 2026-10-15; Redemption: 2029-04-15; Registration: 144A/Reg S; Comments: CoC: 101%;

Along with US$4.1bn and EUR (US$600m equivalent) sr sec term loan B via JPM left on US$/BNP left on EUR/BofA/GS/UBS/WFS/Citi/Miz/RBC/CA/DB/HSBC/Jefferies/Natixix/Rabo/SBMC/TD/TSI/CIBC/Citizens/Santander/USB jt books, to fund the LBO of Sealed Air by CD&R for $42.15 per share or $10.3bn total enterprise value. SEE also expects to redeem its US$425m 4.00% sr notes due 12/01/27 (MWC T+50bp), US$775m 6.125% s notes due 02/01/28 (callable at 101.531), US$425m 5.00% 04/15/29 (callable 04/15/26 at 101.25), US$425m 7.25% sr notes due 02/15/31 (MWC T+50bp), and US$400m 6.50% sr notes due 07/15/32 (MWC T+50bp). The US$450m 6.875% sr notes due 07/15/33 will remain outstanding and become secured following consummation of the transaction