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Ball Corporation Announces Completion of Credit Facilities
Prnewswireยท 2025-11-25 21:15
Core Viewpoint - Ball Corporation has successfully closed new senior secured credit facilities totaling $3.5 billion, aimed at refinancing existing debt and supporting general corporate purposes [2][3]. Group 1: Financial Details - The new credit facilities consist of a U.S. dollar revolving facility, a multicurrency revolving facility, and a U.S. dollar term loan facility, all maturing in 2030 [2]. - The refinancing is intended to enhance the company's financial position and provide flexibility for strategic initiatives [3]. Group 2: Company Overview - Ball Corporation specializes in sustainable aluminum packaging solutions for various sectors, including beverage, personal care, and household products [3]. - The company reported net sales of $11.80 billion for 2024, excluding its divested aerospace business [3].