Crown Holdings Inc. Secures $700 Million in Senior Unsecured Notes Due 2033 in New Financing Agreement

Reuters
05-14
Crown Holdings Inc. Secures $700 Million in Senior Unsecured Notes Due 2033 in New Financing Agreement

Crown Holdings Inc., a leading player in the packaging industry, has entered into a significant financing agreement. On May 12, 2025, the company, through its subsidiary Crown Americas LLC, finalized a Purchase Agreement to issue and sell $700 million in senior unsecured notes due 2033. These notes, which will accrue interest at an annual rate of 5.875%, are set to mature on June 1, 2033, with interest payments due semi-annually starting December 1, 2025. BofA Securities, Inc. acted as the representative for the initial purchasers in this private placement, which is targeted at qualified institutional buyers and international investors. The notes are backed by unconditional guarantees on a senior basis from Crown Holdings and certain U.S.-based subsidiaries, emphasizing the company's solid commitment to financial growth and stability.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crown Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-118838), on May 13, 2025, and is solely responsible for the information contained therein.

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