Crown Holdings Announces Pricing of Senior Notes
All three sets of notes will be unconditionally guaranteed by Crown and certain of its subsidiaries.
Crown intends to use the net proceeds from the offerings, together with other available funds, to pay the cash consideration for its acquisition of
The notes would be issued through a private placement and resold by initial purchasers to persons reasonably believed to be qualified institutional buyers under Rule 144A under the Securities Act of 1933, as amended, and to non-U.S. persons outside
Cautionary Note Regarding Forward-Looking Statements
Except for historical information, all other information in this press release consists of forward-looking statements within the meaning of the federal securities laws. These forward-looking statements involve a number of risks, uncertainties and other factors, including regarding the expected completion of the note offering, the prospective impact of the note offerings, plans to repay certain Signode indebtedness and the use of proceeds for the Signode acquisition, and Crown's ability to close the Signode acquisition, any of which may cause the actual results to be materially different from those expressed or implied in the forward-looking statements. Other important factors that could cause the statements made in this press release or the actual results of operations or financial condition of Crown to differ include, without limitation, that the note offerings are subject to a number of conditions and approvals. There can be no assurance that the note offerings will be completed as described herein or at all. Other important factors are discussed under the caption "Forward-Looking Statements" in Crown's Form 10-K Annual Report for the year ended
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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