Graphic Packaging Secures $400 Million Delayed Draw Term Loan to Refinance 2026 Notes

Reuters
2025/11/01
Graphic Packaging Secures $400 Million Delayed Draw Term Loan to Refinance 2026 Notes

Graphic Packaging International, LLC, the main operating subsidiary of Graphic Packaging Holding Company, has entered into an Incremental Facility Amendment to its existing credit agreement. The amendment, involving Bank of America, N.A. and Coöperatieve Rabobank U.A., New York Branch, establishes a Delayed Draw Incremental Term Facility of up to $400 million. This facility allows Graphic Packaging to draw the funds in a single transaction between March 15, 2026, and April 15, 2026, with a maturity date of June 30, 2027. The loan will be used to fully repay the company's 1.512% Senior Secured Notes due 2026 and cover associated transaction costs. The facility will bear interest at a floating rate based on SOFR or the Base Rate, with terms determined by the company's leverage ratio. The obligations are secured by a first-priority lien on substantially all personal property assets of the company and its guarantors.

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. Graphic Packaging Holding Company 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: 0001193125-25-260781), on October 31, 2025, and is solely responsible for the information contained therein.

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