Item 8.01 Other Events
On March 23, 2020, Amcor plc ("Amcor") issued a press release announcing the
commencement of debt-neutral exchange offers by its wholly-owned subsidiaries,
Bemis Company, Inc. ("Bemis") and Amcor Finance (USA), Inc. ("AFUI"). Bemis is
offering to exchange any and all of its outstanding $346,652,000 aggregate
principal amount of 4.500% Guaranteed Senior Notes due 2021 and any and all of
its outstanding $293,200,000 aggregate principal amount of 3.100% Guaranteed
Senior Notes due 2026, respectively, for an equal aggregate principal amount of
its 4.500% Guaranteed Senior Notes due 2021 that have been registered under the
United States Securities Act of 1933, as amended (the "Securities Act") and its
3.100% Guaranteed Senior Notes due 2026 that have been registered under the
Securities Act, respectively. AFUI is offering to exchange any and all of its
outstanding $591,266,000 aggregate principal amount of 3.625% Guaranteed Senior
Notes due 2026 and any and all of its outstanding $497,508,000 aggregate
principal amount of 4.500% Guaranteed Senior Notes due 2028, respectively, for
an equal aggregate principal amount of its 3.625% Guaranteed Senior Notes due
2026 that have been registered under the Securities Act and its 4.500%
Guaranteed Senior Notes due 2028 that have been registered under the Securities
Act, respectively. Any of these existing notes that are exchanged for new notes
pursuant to the exchange offers will be cancelled and, as a result, the
aggregate principal amount of the outstanding notes of each series will not
increase as a result of the exchange offers.
A copy of the press release announcing the commencement of the exchange offers
is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits
Exhibit No. Description
99.1 Press Release dated March 23, 2020, announcing the commencement of
debt-neutral exchange offers by Amcor's wholly-owned subsidiaries, Bemis
and AFUI, for approximately US$1.73 billion of Senior Notes guaranteed
by Amcor.
2
© Edgar Online, source Glimpses