Sealed Air Corporation announced that, in connection with the previously announced cash tender offer and consent solicitation by the Company to purchase for cash any and all of its 4.875% senior notes due 2022 (the “Notes”), the early tender period in respect of the tender offer expired at 5:00 p.m., New York City time, on September 28, 2021. As of the Early Tender Deadline, $339,258,000 principal amount of the Notes, or 79.83% of the principal amount outstanding, had been validly tendered and not withdrawn. The settlement date for the Notes accepted for purchase by the Company in connection with the Early Tender Deadline is currently expected to be September 30, 2021. The Company expects to determine the pricing terms of the tender offer at 10:00 a.m., New York City time, on September 29, 2021. The final offer period will expire at 11:59 p.m., New York City time, on October 13, 2021, unless extended or earlier terminated. As the Company received consents from holders of greater than a majority in aggregate principal amount of the outstanding Notes, the Company, the guarantors thereto and Truist Bank (formerly known as Branch Banking and Trust Company), as trustee (the “Trustee”), have executed a supplemental indenture (the “Supplemental Indenture”) to the indenture governing the Notes, which will be filed with the Securities and Exchange Commission. The amendments and modifications contained in the Supplemental Indenture eliminate certain restrictive covenants and events of default contained in the indenture. These changes will become operative concurrently with the expected acceptance for payment on September 30, 2021 of all Notes that were validly tendered (and not validly withdrawn) at or prior to the Early Tender Deadline. After the Expiration Time, the Company intends to notify the Trustee that it will satisfy and discharge the Notes that remain outstanding.