LUXEMBOURG, July 29, 2019 /PRNewswire/ -- Ardagh Group
has today launched a bond offering for a total financing of
approximately $1.8 billion ($/EUR)
equivalent, through the issue of (i) $600
million Senior Secured Notes due 2026, (ii) EUR 350 million Senior Secured Notes due 2026 and
(iii) $800 million Senior Notes due
2027, (collectively the "Notes").
The proceeds from the issuance of the Notes, net of expenses,
will be used to (i) redeem in full the $1,650 million 7.250% Senior Notes due 2024, per
the call schedule and (ii) pay accrued interest and applicable
redemption premia.
This release is for information purposes only and is not an
offer to purchase, or a solicitation of an offer to purchase, any
of the 7.250% Senior Notes due 2024.
Ardagh Group is a global supplier of infinitely recyclable,
metal and glass packaging for the world's leading brands. Ardagh
operates more than 100 metal and glass production facilities in 22
countries across five continents, employing over 23,000 people with
sales of $9bn.
The offering of the Notes will be made pursuant to an
exemption under the Prospectus Directive, as implemented in Member
States of the European Economic Area, from the requirement to
produce a prospectus for offers of securities. This announcement
does not constitute an advertisement for the purposes of the
Prospectus Directive.
The Notes have not been registered under the U.S. Securities
Act of 1933, as amended, or any U.S. State security laws.
Accordingly, the Notes are being offered and sold in the United States only to qualified
institutional buyers in accordance with Rule 144A under the U.S.
Securities Act of 1933 and outside the
United States in accordance with Regulation S under the U.S.
Securities Act of 1933. This announcement does not constitute an
offer to sell or the solicitation of an offer to buy any
securities, nor will there be any sale of securities referred to in
this announcement, in any jurisdiction, including the United States, in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of such jurisdiction.
Securities may not be offered or sold in the United States absent registration under
the U.S. Securities Act of 1933, or an exemption from
registration.
MiFID II professionals/ECPs-only/No PRIIPs KID – Manufacturer
target market (MIFID II product governance) is eligible
counterparties and professional clients only (all distribution
channels). No PRIIPs key information document (KID) has been
prepared as not available to retail in EEA.
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SOURCE Ardagh Group S.A.