#Luxembourg #financing #Ardagh Group #Capital Structure

Ardagh Group S.A. Provides Update on Financing Review

On April 7, 2025, Ardagh Group S.A., known for its innovative packaging solutions, released a significant update regarding its ongoing capital structure review. This follows earlier communications where they outlined discussions with major noteholders, including the Senior Unsecured Notes (SUN Group) and Senior Secured Notes (SSN Group).

This latest update highlights the continuous engagement that Ardagh has with various stakeholders in a bid to negotiate a sustainable financial structure. Ardagh has been in dialogue with the SUN Group and the SSN Group concerning the most appropriate steps forward. These discussions include potential transactions that are designed to stabilize the Group’s financial standing.

While negotiations are ongoing, the details shared in this update encompass the latest proposals from the SSN Group and the reciprocal counterproposals from Ardagh. It is crucial to note that as of this moment, no definitive agreements have been made, and the review of the capital structure is very much in progress.

The Group's communications have indicated that some holders of their 4.750% Senior Notes due in 2027 initiated legal proceedings against specific Group members. Ardagh's leadership is confident that the claims brought forward lack merit and is fully prepared to defend themselves vigorously against these allegations. The Group's management assures stakeholders that they are committed to transparent communication, promising to deliver further updates as they progress through these discussions.

In the context of the broader market, Ardagh Group S.A. is keenly aware of the financial landscape and aims to align its strategies to ensure resilience and sustainability. With the demand for packaged goods increasing globally, the Group is focused on establishing a robust financial foundation that allows it to continue to innovate and meet customer needs effectively.

The updates from Ardagh Group are critical not only for the stakeholders but also for investors keeping a close watch on the Company's next steps. As the situation unfolds, industry observers are urged to stay informed via Ardagh's official channels for the latest developments and insights into their capital restructuring efforts.

In conclusion, Ardagh Group S.A.'s review and discussion processes signify an essential step toward ensuring that they can continue to thrive in an ever-evolving market. Stakeholders should remain engaged as the Company navigates these complexities in pursuit of a solidified financial posture going forward. Updates will be made available as new information arises through this transition period.