WESTMINSTER, Colo.,
Sept. 9, 2021 /PRNewswire/
-- Ball Corporation (NYSE: BLL) announced today that it
has commenced an underwritten public offering of approximately
$750 million in aggregate principal
amount of Senior Notes due 2031 (the "Notes"). The exact
amount, terms and timing of the offering will depend upon market
conditions and other factors.
Ball Corporation ("Ball") intends to use the net proceeds from
this offering of the Notes, together with cash on hand, to redeem
its 5.00% Senior Notes due March
2022, with any remaining net proceeds intended to be used
for general corporate purposes.
Deutsche Bank Securities Inc., BofA Securities, Inc., Citigroup
Global Markets Inc. and Goldman Sachs & Co. LLC are acting as
global coordinators and joint book-running managers of this
offering of the Notes.
Ball has filed a registration statement (including a prospectus
dated March 4, 2021) and will file a
preliminary prospectus supplement with the SEC for the offering to
which this communication relates. Before you invest, you should
read the prospectus in that registration statement, the preliminary
prospectus supplement and other documents Ball has filed with the
SEC for more complete information about Ball and this offering. You
may obtain these documents for free by visiting EDGAR on the SEC
website at www.sec.gov. Alternatively, Ball, any underwriter or any
dealer participating in the offering will arrange to send you the
prospectus if you request it from Deutsche Bank Securities Inc.,
Attn.: Prospectus Group, 60 Wall Street, New York, New York 10005-2836, email:
prospectus-CPDB@db.com, telephone: (800)-503-4611, BofA Securities,
Inc., NC1-004-03-43, 200 North College Street, 3rd floor,
Charlotte NC 28255-0001, Attn:
Prospectus Department, or by email at
dg.prospectus_requests@bofa.com, Citigroup Global Markets Inc., c/o
Broadridge Financial Solutions, 1155 Long Island Avenue,
Edgewood, New York 11717,
telephone: 1-800-831-9146, e-mail: CorporatePDM@broadridge.com or
Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200
West Street, New York, New York
10282, email: prospectus-ny@ny.email.gs.com, phone: 1-866-471-2526.
No offer, solicitation or sale will be made in any jurisdiction in
which such an offer, solicitation or sale would be unlawful.
About Ball Corporation
Ball Corporation supplies
innovative, sustainable aluminum packaging solutions for beverage,
personal care and household products customers, as well as
aerospace and other technologies and services primarily for the
U.S. government. Ball Corporation and its subsidiaries employ
21,500 people worldwide and reported 2020 net sales of $11.8 billion.
Forward-Looking Statements
This release contains
"forward-looking" statements concerning future events and financial
performance. Words such as "expects," "anticipates," "estimates,"
"believes," and similar expressions typically identify
forward-looking statements, which are generally any statements
other than statements of historical fact. Such statements are based
on current expectations or views of the future and are subject to
risks and uncertainties, which could cause actual results or events
to differ materially from those expressed or implied. You should
therefore not place undue reliance upon any forward-looking
statements and any such statements should be read in conjunction
with, and qualified in their entirety by, the cautionary statements
referenced below. The Company undertakes no obligation to publicly
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise. Key factors,
risks and uncertainties that could cause actual outcomes and
results to be different are summarized in filings with the
Securities and Exchange Commission, including Exhibit 99 in our
Form 10-K, which are available on our website and at www.sec.gov.
Additional factors that might affect: a) our packaging segments
include product capacity, supply and demand constraints and
fluctuations and changes in consumption patterns; availability/cost
of raw materials, equipment and logistics; competitive packaging,
pricing and substitution; changes in climate and weather; footprint
adjustments and other manufacturing changes, including the startup
of new facilities and lines; failure to achieve productivity
improvements or cost reductions; unfavorable mandatory deposit or
packaging laws; customer and supplier consolidation; power and
supply chain interruptions; changes in major customer or supplier
contracts or loss of a major customer or supplier; political
instability and sanctions; currency controls; changes in foreign
exchange or tax rates; and tariffs, trade actions, or other
governmental actions, including business restrictions and
shelter-in-place orders in any country or jurisdiction affecting
goods produced by us or in our supply chain, including imported raw
materials; b) our aerospace segment include funding, authorization,
availability and returns of government and commercial contracts;
delays, extensions and technical uncertainties affecting segment
contracts; and supply chain interruptions; c) the Company as a
whole include those listed above plus: the extent to which
sustainability-related opportunities arise and can be capitalized
upon; changes in senior management, succession, and the ability to
attract and retain skilled labor; regulatory actions or issues
including those related to tax, ESG reporting, competition,
environmental, health and workplace safety, including U.S. FDA and
other actions or public concerns affecting products filled in our
containers, or chemicals or substances used in raw materials or in
the manufacturing process; technological developments and
innovations; the ability to manage cyber threats; litigation;
strikes; disease; pandemic; labor cost changes; rates of return on
assets of the Company's defined benefit retirement plans; pension
changes; uncertainties surrounding geopolitical events and
governmental policies both in the U.S. and in other countries,
including policies, orders and actions related to COVID-19; reduced
cash flow; interest rates affecting our debt; and successful or
unsuccessful joint ventures, acquisitions and divestitures, and
their effects on our operating results and business generally.
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SOURCE Ball Corporation