Related Deals
Related Parents
Related Issuers
by Pankti Antani
Sep 22, 2025 11:43 AM ET
Crown European Holdings SA (CCK) EUR500m 144A/Reg S sr notes due 09/30/31 (6y). NCL (MWC B+50bp) (3mo par call). Ba1/BB+ (stable/stable). Via BNP (B&D)/Citi/DB jt active books, BofA/Mizuho/MUFG/Rabo/Santander/Scotia/SMBC Nikko/TD/UniCredit/WFS jt passive books, CA, Huntington, ING, PNC as co-managers. No reg rights. List Lux. NY law. CoC at 101. Pays 30 March and 30 September, starting 03/30/26. Denoms: 100kx1k. Settles 10/06 (T+10). Reg S ISIN: XS3188831658. IPT: 4.25% area. Final price talk: 3.875% area (+/-12.5bp).
Priced: 3.75% at 100. vs 141bp vs DBR 0% 08/15/31.
Books closed at 1:45pm UKT 09/22. UOP: along with cash on hand to refinance its 2.875% sr notes due 2026. Biz: sub of Crown Holdings Inc, a designer, manufacturer, and seller of packaging products for consumer goods (aluminum and steel cans) and industrial products. HQ: Tampa, FL.
Deal Roadshow link: https://urldefense.com/v3/__https:/dealroadshow.com/e/CROWN2025__;!!ACFi5tY4_MatpA!2gZQbR6SllsxcAOcr84ASD4OGUgJ-6bZo7hlHOmvH6HNsrQU9n8hbO7X4BFuR5ms837WdyLes89G4vAFglPmfMQ3YpEYMhL0yg$. Entry code: CROWN2025.