Related Issuers
by Stephen Carter
May 12, 2025 6:11 AM ET
Ball Corp (BALL) EUR750m SEC registered sr notes due 07/01/32 (7y). NCL (3mo par call). Ba1/BB+ (stable/stable). Via BNP (B&D)/DB/CA/UniCredit jt active books/BofA/Citi/GS/Rabo/Santander/Mizuho/MS/SMBC Nikko jt passive books, Barc, HSBC as co-managers. Off the shelf. List Dublin. NY law. CoC at 101. Semi-pay. Settles T+5 (05/19).
IPT: 4.50%-4.75%.
Investor call at 10am UKT 05/12. Pricing 05/12 UK afternoon. UOP: along with cash on hand, for GCP, which may include repaying debt, potential investments in strategic alliances and acquisitions, working capital, pension contributions or capex. Prior to the application of such proceeds, to pay down its revolver. Biz: supplies innovative, sustainable aluminum packaging solutions for beverage, personal care and household products customers (it recently divested its aerospace and other technologies and services business). HQ: Westminster, CO.
Dealroadshow direct link: https://urldefense.com/v3/__https:/dealroadshow.com/e/BALL2025__;!!OOnBcYQ!JLFlp2fcGebj64d0ax8U32LjOWLUIDEf6a1H7MZJLPNrQg5Nw_I4LKv2qoWnOjUyOKAvCqDSo246vcMdZ58UOrqR76BFgmmC7HKGsg$ (Entry code: BALL2025).