Crown Holdings, Inc. announces pricing terms for a cash tender offer for its 7 3/8% Debentures due 2026.
The Tender Offer is conducted by its subsidiary, Crown Cork & Seal Company, Inc.
Terms and conditions of the Tender Offer are detailed in the Offer to Purchase dated November 12, 2025.
Tender Offer Details
The Tender Offer is to purchase any and all of the Company's 7 3/8% Debentures due 2026.
Reference Yield Information
The consideration for the Debentures is based on the Reference Yield over the yield of applicable U.S. Treasury Securities.
Tender Offer Consideration
Debentures accepted for purchase will receive the Tender Offer Consideration determined by the fixed spread specified for the Debentures.
- The pricing terms reveal Crown Holdings, Inc.'s strategic move to manage its debt securities.
- Investors evaluating the Tender Offer will consider the Reference Yield and fixed spread for their investment decisions.
- The Tender Offer provides an opportunity for Debenture holders to liquidate their holdings at the determined consideration.
Crown Holdings, Inc.'s announcement of the pricing terms for the Tender Offer showcases the company's proactive approach in managing its financial liabilities and offering opportunities to its investors. The details provided in the Offer to Purchase give insight into the terms and conditions of the offer.