Cahill Represents Initial Purchasers in Berry Global’s $800 Million Notes Offering and Dealer Manager in Concurrent $500 Million Tender Offer
Date: 06/11/24
Cahill represented the initial purchasers in connection with a Rule 144A offering of $800 million aggregate principal amount of 5.800% first priority senior secured notes due 2031 by Berry Global, Inc.
Proceeds from the offering were used to repurchase Berry Global’s 4.875% first priority senior secured notes due 2026 that were validly tendered and accepted for purchase in a concurrent tender offer and for general corporate purposes.
Cahill also represented the dealer manager in connection with Berry Global’s tender offer for $500 million of its 4.875% first priority senior secured notes due 2026.
Berry Global is a leading global supplier of a broad range of innovative rigid, flexible, and non-woven products. The company sells products predominantly into stable, consumer-oriented end markets, such as healthcare, personal care, and food and beverage.