Item 1.01 Entry into a Material Definitive Agreement.

On August 3, 2020, Ball Corporation, an Indiana corporation ("Ball"), entered into a Third Amendment to Credit Agreement (the "Third Amendment"), among Ball Corporation and certain financial institutions party thereto, as lenders, which amends Ball's existing stock secured Credit Agreement, dated as of March 18, 2016 (as amended, including by the Third Amendment, the "Amended Credit Agreement"), among Ball, as a borrower and guarantor, certain subsidiaries of Ball party thereto as borrowers, Deutsche Bank AG New York Branch, as administrative agent and as collateral agent, the lenders party thereto, the initial facing agents party thereto, and the other parties from time to time party thereto.

The Third Amendment, among other things, modified the financial covenant under the Amended Credit Agreement to require Ball to maintain a net leverage ratio of no greater than (a) 5.00 to 1.00 for any period of four consecutive fiscal quarters of Ball ending on or prior to September 30, 2022 (or, if any such period ends during the four fiscal quarter period commencing with the fiscal quarter in which an acquisition is consummated (each such period, a "Financial Covenant Adjustment Period"), 5.50 to 1.00) or (b) 4.50 to 1.00 for any period of four consecutive fiscal quarters of Ball ending on or after to December 31, 2022 (or, if any such period ends during a Financial Covenant Adjustment Period, 5.00 to 1.00).

The foregoing description of the Third Amendment does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Third Amendment, which is attached hereto as Exhibit 10.1 to this Current Report on Form 8-K, and which is incorporated herein by reference.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an


          Off-Balance Sheet Arrangement of a Registrant.

On August 4, 2020, Ball entered into the Third Amendment as described under Item 1.01 above. The description of the Third Amendment set forth in Item 1.01 above is hereby incorporated by reference under this Item 2.03.

The foregoing description of the Third Amendment does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Third Amendment, which is attached hereto as Exhibit 10.1 to this Current Report on Form 8-K, and which is incorporated herein by reference.




 Item 9.01    Financial Statements and Exhibits.

(d)           Exhibits

The following are furnished as exhibits to this report:



Exhibit No.       Description
     10.1           Third Amendment to Credit Agreement, dated as of August 3,
                  2020, among Ball Corporation and certain financial institutions
                  party thereto, as lenders.
     104          Cover Page Interactive Data File (formatted in Inline XBRL and
                  contained in Exhibit 101)

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