Graphic Packaging Announces Plan For Senior Notes Offering

Graphic Packaging Announces Plan For Senior Notes Offering! Graphic Packaging International, LLC, a direct wholly-owned subsidiary of Graphic Packaging International Partners, LLC, the primary specialty subsidiary of Graphic Packaging Holding Company (NYSE: GPK), made a major announcement today. A private offering was initiated with a view to selling $500 million of notes, scheduled to mature in 2032. This offering, appropriately titled “Senior Notes,” is proceeding independently of demand of registration established by the Securities Act of 1933, taking into consideration the prevailing market dynamics and other relevant factors, which may affect the process

It is important to note that the senior notes, once issued, will constitute an unsecured senior obligation of Graphic Packaging. Parent Territory Container Querétaro (USA), L.L.C., and any other domestic Graphic Packaging companies presently or in the future committed to support under its Fourth Amended Restated Credit Agreement 2021 Agreement, dated April 1, 2013 commitments and supporting these obligations involve several subsidiaries of Graphic Packaging as borrowers, as well as lenders and agents, with Bank of America, N.A., acting as agent representatives. In addition, the guarantee also extends to Graphic Packaging’s existing senior notes due 2024, 2026, 2027, 2028, 2029 and 2030, respectively.

The proceeds of this offering are intended to be used for a number of purposes, including the repayment of a portion of outstanding loans under its domestic senior securities revolving credit facility and allocating funds to allocate fees and costs associated with the funding management notes. Any remaining funds will be used for the overall efforts of the company, contributing to the overall efficiency and growth trajectory of the graphic packaging business.

It is important to emphasize that the offering is limited to qualified institutional purchasers, as defined by Rule 144A under the Securities Act, and non-U.S. persons, as defined by Regulation S under the same Act. These senior notes and guarantees are not registered under the Securities Act or the securities laws of any other jurisdiction. Therefore, they may not be offered or sold within the United States until registration or exemption from applicable registration requirements

This press release is an announcement and does not constitute an offer or solicitation to buy the Senior Notes, nor does it constitute an offer, solicitation, or sale in any jurisdiction where such actions would violate or qualify them to sell securities of rules before registration.

Headquartered in Atlanta, Georgia, Graphic Packaging Holding Company has established itself as a leader in the design and manufacture of consumer packaging solutions The company prides itself on its commitment to deliver environmental sustainability and innovation through sustainable environmental mitigation measures. Through global networks of design and manufacturing, Graphic Packaging serves some of the world’s best-known brands across a variety of industries, including food, beverage, catering, home, and other consumer goods.

However, it is important to recognize that forward-looking statements, such as those relating to earnings and cash flows, are subject to risks and uncertainties, such that reliance on information is advised against such statements. The Company emphasizes that this information will only be updated as required by law. Additional information regarding the associated risks can be found in the Company’s filings with the Securities and Exchange Commission, providing stakeholders with a broader understanding of the potential consequences and factors that will lead to a decline in this offering.

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