Overview of Amcor plc's recent USD notes offering

Amcor plc (ASX: $AMC) has filed a Final Prospectus Supplement with the SEC for the offering of $500,000,000 aggregate principal amount of 5.450% guaranteed senior notes due 2029. The Notes will be fully and unconditionally guaranteed by Amcor plc and other subsidiaries. The company intends to utilize the net proceeds for general corporate purposes and to repay a portion of its commercial paper borrowings.

Executive commentary on the USD notes offering

The company's recent filing of the Final Prospectus Supplement for the USD notes offering reflects our commitment to maintaining financial flexibility and optimizing our capital structure. The offering of guaranteed senior notes due 2029 aligns with our strategic objectives and will support our ongoing initiatives. We believe that this offering will enhance our ability to pursue growth opportunities and further strengthen our position as a global leader in responsible packaging solutions.

Summary of Amcor plc's USD notes offering

Amcor plc has issued $500,000,000 aggregate principal amount of 5.450% guaranteed senior notes due 2029, with the intention of utilizing the net proceeds for general corporate purposes and to repay a portion of its commercial paper borrowings. The offering underscores the company's commitment to maintaining financial flexibility and optimizing its capital structure. The announcement also provides insights into the legal and tax considerations for both U.S. and Non-U.S. holders of the securities, offering comprehensive information for potential investors.