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Amcor Announces Expiration and Results of Solicitations for Berry's Outstanding Notes

1. Amcor completed consent solicitations for several senior secured notes. 2. The action may improve financial flexibility and investor relations.

M&A
+0.4%Current Return
VS
-1.78%S&P 500
$10.0703/05 07:18 PM EDTEvent Start
$10.1103/07 01:34 AM EDTLatest Updated
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FAQ

Why Bullish?

Successful consent solicitations can strengthen financial position, historically leading to stock appreciation.

How important is it?

The consent solicits can enhance Amcor's capital structure and financial health, impacting share price positively.

Why Short Term?

Immediate effects on investor sentiment and potential liquidity improvements are anticipated.

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ZURICH & EVANSVILLE, Ind.--(BUSINESS WIRE)--Amcor plc (NYSE: AMCR; ASX: AMC) (“Amcor”), today announced the expiration and results of its previously announced solicitation of consents (the “Consent Solicitations”) from all registered holders (the “Holders”) of the 1.50% First Priority Senior Secured Notes due 2027 (the “EUR Notes”), 1.65% First Priority Senior Secured Notes due 2027 (the “2027 USD Notes”), 5.50% First Priority Senior Secured Notes due 2028 (the “2028 USD Notes”), 5.800% First P.

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