LUXEMBOURG, April 7, 2020 /PRNewswire/ -- Ardagh Group
("Ardagh") has today launched an offering of $200 million 5.250% Senior Secured Notes due
2025, representing an add-on to the $500
million 5.250% Senior Secured Notes priced on April 3, 2020 and due to close on April 8, 2020 (the "Notes").
Proceeds from the issuance of the Notes, net of expenses, will
in due course be used to repay borrowings under Ardagh's existing
asset-based revolving credit facility.
Ardagh Group is a global supplier of infinitely recyclable,
metal and glass packaging for the world's leading brands. Ardagh
operates more than 50 metal and glass production facilities in 12
countries across three continents, employing over 16,000 people
with sales of $6.7bn.
The offering of the Notes will be made pursuant to an
exemption under the Prospectus Regulation, 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 Regulation.
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.
The documentation detailing the investment or investment
activity to which this press release relates has not been approved
by an authorized person in the United
Kingdom and is for distribution only to persons who (i) have
professional experience in matters relating to investments falling
within Article 19(5) of the UK Financial Services and Markets Act
2000 (Financial Promotion) Order 2005, as amended (the "Financial
Promotion Order"), (ii) are persons falling within Articles
49(2)(a) to (d) (high net worth companies, unincorporated
associations, etc.) of the Financial Promotion Order, (iii) are
outside the United Kingdom or (iv)
are persons to whom an invitation or inducement to engage in
investment activity within the meaning of Section 21 of the UK
Financial Services and Markets Act 2000 in connection with the
issue or sale of any securities may otherwise lawfully be
communicated or caused to be communicated (all such persons
together being referred to as "relevant persons"). The
documentation detailing the investment or investment activity is
directed only at relevant persons and must not be acted on or
relied on by persons who are not relevant persons. Any investment
or investment activity to which this press release relates is
available only to relevant persons and will be engaged in only with
relevant persons.
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SOURCE Ardagh Group S.A.