Berry Plastics Announces Proposed Offering of Second Priority Senior Notes of Berry Plastics Corporation

Name: Berry Global, Inc.
Address: 101 Oakley Street, Evansville, Indiana, 47710
Telephone: +1 (877) 662-3779
Price range: £000 - £0000000

May 05, 2014

EVANSVILLE, Ind.--(BUSINESS WIRE)--May 5, 2014-- Berry Plastics Group, Inc. (NYSE: BERY “Berry Group”) announced today that Berry Plastics Corporation, its wholly owned subsidiary (the “Issuer”), intends to offer for sale in an underwritten public offering $500 million of second priority senior secured notes due 2022 (the “Notes”) pursuant to a shelf registration statement filed with the Securities and Exchange Commission (the “Commission”). The Issuer intends to use the net proceeds from the offering to fund its previously announced cash tender offer (the “Tender Offer”) and related consent solicitation for certain of its outstanding notes. The closing of the Tender Offer and related consent solicitation remain subject to the satisfaction of the terms and conditions of such Tender Offer.

The Notes will be offered pursuant to an effective shelf registration statement of Berry Group and the Issuer under the Securities Act of 1933, as amended. The Notes offering will be made solely by means of a separate prospectus supplement and accompanying prospectus. A copy of the preliminary prospectus supplement and accompanying prospectus relating to the Notes offering can be obtained from: Credit Suisse Securities (USA) LLC, Prospectus Department, One Madison Avenue, New York, NY 10010, email: newyork.prospecus@credit-suisse.com or phone: 1-800-221-1037 or Barclays Capital Inc., Attention: Prospectus Department, c/o Broadridge Financials Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, email:barclaysprospectus@broadridge.com or phone: 1-888-603-5847 or Wells Fargo Securities, LLC, Attention: Client Support, 550 South Tryon Street, 7^th Floor MAC D1086-070, Charlotte, NC 28202, email: cmclientsupport@wellsfargo.com or phone: 1-800-326-5897. Potential investors should first read the applicable prospectus supplement and accompanying prospectus, the registration statement and the other documents filed with the Commission in connection with the Notes offering. A copy of the prospectus supplement and accompanying base prospectus may also be obtained without charge by visiting the Commission’s website at www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Berry Plastics

Berry Plastics Group, Inc. is a leading provider of value-added plastic consumer packaging and engineered materials delivering high-quality customized solutions to our customers with annual net sales of over $4.6 billion in fiscal 2013. With world headquarters in Evansville, Indiana, the Company’s common stock is listed on the New York Stock Exchange under the ticker symbol BERY. For additional information, visit the Company’s website at www.berryplastics.com.

Forward-looking statements

Certain statements and information included in this release may constitute “forward looking statements” within the meaning of the Federal Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the companies to be materially different from any future results, performance, or achievements expressed or implied in such forward looking statements. Additional discussion of factors that could cause actual results to differ materially from management’s projections, forecasts, estimates and expectations is contained in the companies’ Securities and Exchange Commission filings. The companies do not undertake any obligation to update any forward-looking statements, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

Source: Berry Plastics Group, Inc.

Berry Plastics Group, Inc.
Media Contact
Eva Schmitz, 812-306-2424
evaschmitz@berryplastics.com
or
Investor Contact
Dustin Stilwell, 812-306-2964
dustinstilwell@berryplastics.com

News & Insights

Amcor and Berry to combine in an all-stock transaction, creating a global leader in consumer and healthcare packaging solutions

Combination of Complementary Businesses Expands Product Offering and Capabilities to Support Higher Growth for Customers Combined R&D and Innovation Investment Accelerates Development of Sustainable Packaging Solutions and Delivers Greater Choice for Customers and Consumers $650 Million Annual

Berry Announces Fourth Quarter and Fiscal Year 2024 Results

Strategy Update – New Berry Successful completion of the spin of Berry’s Health, Hygiene and Specialties Global Nonwovens and Films Business (‘HHNF’) and merger with Glatfelter Corporation in early November New Berry emerges as a global leader of consumer-focused packaging solutions with enhanced

Berry Completes Spin-Off and Merger of its Health, Hygiene and Specialties Global Nonwovens and Films Business

EVANSVILLE, Ind. --(BUSINESS WIRE)--Nov. 4, 2024-- Berry Global Group, Inc. (NYSE: BERY) is pleased to announce the successful completion of the merger between Berry’s Health, Hygiene and Specialties Global Nonwovens and Films business (the “HHNF Business”) and Glatfelter Corporation, resulting in

Berry Declares Quarterly Dividend and Increases by Nearly 13%

EVANSVILLE, Ind. --(BUSINESS WIRE)--Oct. 30, 2024-- Berry Global Group , Inc.’s (NYSE: BERY) board of directors yesterday declared a quarterly cash dividend of $0.31 per share, a nearly 13% increase from the previous dividend amount, bringing the new annualized dividend to $1.24 per share.

Let us serve you

If you'd prefer to call us: +1 (877) 662-3779
Contact information for our global facilities can be found via our locations page.

Tell us more about how we can serve you so we can connect you with the right person.

*Required for details, read our Privacy and Cookies Policy