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Berry Global (BERY) Prices Senior Notes in Private Offering
BERYBerry (BERY) Zacks Investment Research·2024-05-14 14:20

Berry Global Group, Inc. (BERY) recently announced the pricing of 800millionprincipalamountoffirstpriorityseniorsecurednotesdue2031inaprivateplacement.ThesaleofthenotesisexpectedtocloseonoraroundMay28,2024,bythecompanyswhollyownedsubsidiary,BerryGlobal,Inc.Thecompanysshareslost0.3800 million principal amount of first priority senior secured notes due 2031 in a private placement. The sale of the notes is expected to close on or around May 28, 2024, by the company's wholly-owned subsidiary, Berry Global, Inc. The company's shares lost 0.3% yesterday, ending the trading session at 59.70. Inside the Headlines The notes will be offered only to qualified institutional buyers in accordance with Rule 144A under the Securiti ...