Cahill Represents Initial Purchasers in a $500 Million Notes Offering and Dealer Manager in Tender Offer for Berry Global, Inc.
Date: 03/30/23
Cahill represented the initial purchasers in connection with a Rule 144A offering of $500,000,000 aggregate principal amount of 5.50% first priority senior secured notes due 2028 by Berry Global, Inc. and the dealer manager in a concurrent tender offer to purchase for cash certain of Berry Global, Inc.'s outstanding 0.95% First Priority Senior Secured Notes due 2024 (the "0.95% Notes"). Proceeds from the notes offering were used to repurchase certain 0.95% Notes validly tendered and accepted for purchase in the tender offer. Berry is a leading global supplier of a broad range of innovative rigid, flexible and non-woven products and sells products predominantly into stable, consumer-oriented end markets, such as healthcare, personal care, and food and beverage.