Amcor Initiates Registered Exchange Offers for Senior Notes totaling $2.175 billion

Amcor Launches Exchange Offers for Senior Notes



Amcor plc, a prominent global packaging leader, declared today the initiation of registered exchange offers for its Guaranteed Senior Notes. The offers pertain to three specific categories of senior notes issued through Amcor Flexibles North America, Inc., a wholly-owned subsidiary of Amcor. This significant financial move allows eligible noteholders to exchange their existing notes for newly issued notes that possess fewer restrictions.

Details of the Exchange Offers


The exchange offers include:
1. Old 2028 Notes: Up to $725 million of 4.800% Guaranteed Senior Notes maturing in 2028.
2. Old 2030 Notes: Up to $725 million of 5.100% Guaranteed Senior Notes maturing in 2030.
3. Old 2035 Notes: Up to $750 million of 5.500% Guaranteed Senior Notes maturing in 2035.

All three categories, referred to collectively as the 'Old Notes,' will be exchanged for equivalent principal amounts of newly registered notes, termed as the 'Exchange Notes.' These new issued instruments will not carry transfer restrictions, unlike their predecessors, and will help in fulfilling Amcor's obligations under a prior registration rights agreement tied to the Old Notes.

Why the Exchange Matters


The exchange offers provide a streamlined way for investors to trade their existing notes for more flexible versions without major transitional hurdles. The exchange will alleviate the restrictions tied to the Old Notes, making them more appealing for trading among existing and new investors alike. Notably, the proceeds from the exchange will not benefit the issuer or any of the guarantors involved in the transaction.

Exchange Offer Timeline


The deadline to participate in the exchange offers is set for 5:00 PM New York City Time on August 22, 2025, though this timeframe may be extended. After the exchange period concludes, the newly issued Exchange Notes will be promptly available to eligible holders of the Old Notes. For investors and stakeholders, crucial details and further instructions regarding the exchange can be found in the prospectus dated July 24, 2025, which has already been filed with the U.S. Securities and Exchange Commission.

Who to Contact


U.S. Bank Trust Company, National Association has been designated as the exchange agent for this process. Any questions, requests for additional copies of the prospectus, or assistance regarding the exchange should be directed to the following address:

U.S. Bank Trust Company, National Association
Corporate Actions
111 Fillmore Ave
St. Paul, MN 55107

For inquiries:
Tel. No. (800) 934-6802
(651) 466-7367
Email: [email protected]

About Amcor


Amcor has positioned itself as a leader in providing innovative packaging solutions for both consumer goods and healthcare products. By leveraging its global reach and a workforce of approximately 70,000 employees across 140 countries, Amcor is committed to advancing sustainable packaging practices. The company blends cutting-edge technology with deep market insights to meet evolving consumer needs while emphasizing safety and responsibility in developing packaging solutions.

In conclusion, the initiation of these exchange offers exemplifies Amcor's strategic efforts to optimize its debt portfolio while enhancing liquidity options for its investors. This maneuver not only reaffirms their financial stability but also highlights their ongoing commitment to responsible growth and value creation within the packaging industry.

Topics Financial Services & Investing)

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