Ardagh Group S.A. Commences Excess Proceeds Offer
PR Newswire
LUXEMBOURG, June 22, 2026
Commencement of an Offer to Purchase 9.50% Senior Secured Notes due 2030 and 11.00/12.00% Euro-Denominated and Dollar-Denominated Second Lien Notes due 2030NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, TO ANY PERSON LOCATED OR RESIDENT IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT OR THE ASSOCIATED OFFER TO PURCHASELUXEMBOURG, June 22, 2026 /PRNewswire/ -- On June 22, 2026, Ardagh Group S.A. ("AGSA") and Ardagh Holdings USA Inc. (together, the "First Lien Offerors"), and AGSA and Ardagh Packaging Finance plc. (together, the "Second Lien Offerors") announced that they have commenced an offer to the holders of the following series of their Notes to repurchase for cash, in the priority set forth below, up to $90,417,000 in the aggregate of the First Lien Offerors' outstanding $1,560,000,000 aggregate principal amount 9.50% Senior Secured Notes due 2030 (the "First Lien Notes") and the Second Lien Offerors' outstanding €1,279,852,437 aggregate principal amount 11.00%/12.00% Second Lien Notes due 2030 (the "Euro Second Lien Notes") and outstanding $1,258,436,251 aggregate principal amount 11.00%/12.00% Second Lien Notes due 2030 (the "Dollar Second Lien Notes") (the First Lien Notes, the Euro Second Lien Notes and the Dollar Second Lien Notes together, the "Notes"), together with accrued and unpaid interest up to but excluding the Payment Date, at the repurchase prices set forth below (the "Offers"). Capitalized terms used in this announcement but not defined have the meanings given to them in the in the offer to purchase dated June 22, 2026 (the "Offer to Purchase").
