Mauser Publicizes Proposed $2,750,000,000 Providing of Senior First Lien Notes

OAK BROOK, Ailing., Jan. 25, 2023 /PRNewswire/ — Mauser Packaging Options Holding Firm (“Mauser“), a number one world provider of commercial inflexible packaging services, introduced at this time that, topic to market situations and different elements, it intends to supply $2.75 billion combination principal quantity of Senior First Lien Notes due 2026 (the “Notes“). The Notes might be collectively and severally assured by every of the wholly-owned home subsidiaries that can assure the money circulate credit score settlement. Mauser intends to make use of the proceeds from the providing along with anticipated extra proceeds from (i) an providing by SCI PH Dad or mum Inc., a Delaware company and oblique dad or mum of Mauser (“Dad or mum“), of newly issued non-voting senior perpetual collaborating most popular shares to sure new and present traders in Dad or mum and (ii) proposed new senior secured credit score amenities to refinance its present secured notes and present time period mortgage facility. As well as and in reference to the foregoing, Mauser intends to amend its ABL facility to extend the mixture principal quantity of commitments thereunder to $350 million, and, as beforehand introduced, Mauser has commenced a suggestion to alternate any and all $1.35 billion of its excellent principal quantity of seven.25% Senior Notes due 2025 for newly issued 9.25% Senior Secured Second Lien Notes due 2027.

The Notes might be provided and offered in a non-public placement to individuals fairly believed to be certified institutional patrons pursuant to Rule 144A underneath the Securities Act of 1933, as amended (the “Securities Act“), and to non-U.S. individuals in transactions exterior the USA pursuant to Regulation S underneath the Securities Act. The Notes won’t be registered underneath the Securities Act or any state securities legal guidelines and might not be provided or offered in the USA or to, or for the good thing about, U.S. individuals absent registration underneath, or an relevant exemption from, the registration necessities of the Securities Act and relevant state securities legal guidelines.

This press launch is for informational functions solely and doesn’t represent a suggestion to promote or a solicitation of a suggestion to purchase the Notes. No supply, solicitation or sale might be made in any jurisdiction by which such a suggestion, solicitation or sale can be illegal. Any provides of the Notes might be made solely via a non-public providing memorandum.

Cautionary Notice Concerning Ahead-Trying Statements

This press launch comprises data that might represent forward-looking statements. All statements apart from statements of historic truth contained on this press launch, together with, however not restricted to, statements relating to: whether or not we are going to supply and subject the Notes and the phrases of the Notes; the anticipated use of the web proceeds of the providing; and the success of concurrent transactions, are forward-looking statements. In some circumstances, you possibly can establish forward-looking statements by phrases corresponding to “will,” “intend,” “count on,” “anticipate,” “ought to,” “might” and phrases or expressions of comparable which means. Such forward-looking data relies on sure present assumptions and evaluation made by Mauser in gentle of its expertise and notion of present situations and anticipated future developments in addition to different elements it believes are acceptable within the circumstances. Nevertheless, whether or not precise outcomes, efficiency or achievements will conform to Mauser’s expectations and predictions is topic to market situations and a variety of identified and unknown dangers and uncertainties which might trigger precise outcomes to vary materially from Mauser’s expectations. Different elements which might materially have an effect on such forward-looking data are described within the danger elements detailed within the providing documentation ready and delivered by Mauser in reference to the Providing. Ahead-looking statements solely communicate as of the date of those supplies, and Mauser assumes no obligation to replace any written or oral forward-looking assertion made by Mauser or on its behalf because of new data, future occasions or different elements, besides as required by legislation.

About Mauser

Mauser is a number one world provider of inflexible packaging services. Mauser manufactures and distributes inflexible steel, plastic and fiber containers, IBCs and reconditioned IBCs, metal drums and plastic drums, primarily to producers of commercial and client merchandise to be used as packaging. Mauser serves its prospects by its expansive footprint in over 20 international locations.

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SOURCE Mauser Packaging Options Holding Firm