Ardagh Announces Consent Solicitation Updates and Re-Opening of Solicitations for Investors
Important Announcement from Ardagh Group
Ardagh Holdings USA Inc. and its affiliates have made the headlines with the announcement of the results related to the consent solicitation for their existing notes. This significant update is particularly relevant as it involves both a recapitalization transaction and the re-opening of prior solicitations aimed at investors.
Consent Solicitation Results
On October 27, 2025, Ardagh announced that they successfully secured the necessary consents from noteholders concerning several existing senior secured notes. Specifically, approximately 99.3% of the existing dollar-denominated 4.125% senior secured notes due in 2026, and nearly all of the sterling-denominated 4.750% senior notes due in 2027, granted consent to the proposed changes. This overwhelming majority signifies strong backing for the company's restructuring efforts aimed at improving financial stability.
Additionally, the consent solicitations for Euro-denominated notes also saw critical support, suggesting confidence among investors in Ardagh's business strategy.
Re-Opening of Consent Solicitations
While the initial rounds for certain notes were successful, Ardagh has decided to partially re-open the solicitations. This re-opening concerns the existing senior secured notes and the senior unsecured notes, extending the deadlines to November 3, 2025. This move aims to capture any additional investor participation and further solidify support for the proposed amendments, reinforcing the company's commitment to full transparency and investor engagement.
Implications for Investors
For investors, this announcement should be carefully considered. Those who hold the affected notes will need to review the changes and the anticipated improvements stemming from the recapitulation. While the majority of noteholders have agreed to the consensual provisions, it remains essential for all participants to remain aware of the changes as the securities landscape continues to evolve.
Looking Ahead
As Ardagh continues to navigate through this transaction, future updates will be communicated regarding the anticipated Settlement Date for the proposed changes. The company will ensure that all Eligible Holders receive the consent solicitation statement detailing all relevant aspects of this transaction.
The company emphasizes that this announcement is not a solicitation of securities but rather aims to inform current and potential investors about the developments in the consent solicitation process.
About Ardagh Group
Ardagh Group stands as a global leader in sustainable packaging, producing infinitely recyclable metal and glass containers for brand owners across the globe. Operating numerous facilities worldwide, it prides itself on its commitment to sustainability and innovation, with a reported revenue of approximately $9.1 billion last year.
Investors are encouraged to reach out to the company's appointed financial advisors and legal teams for further clarification on any concerns related to the consent solicitations or the broader transaction.
To get more information, interested stakeholders can refer to the consent solicitation statement available through the designated Information Agent, ensuring they stay informed on all aspects of their investments in Ardagh Group.