StockNews.AI
BALL
StockNews.AI
99 days

Stabilization Notice - Pre-Stab - Ball Corporation

1. Ball Corporation plans new security offering to strengthen finances. 2. Stabilisation period for securities will start on May 12, 2025. 3. Domestic subsidiaries guarantee the new notes, unlike foreign subsidiaries. 4. Stabilisation managers may over‑allot or support market price. 5. No public offer available in the U.S. for these securities.

6m saved
Insight
Article

FAQ

Why Bullish?

The offering could enhance liquidity and solidify Ball's financial stability, reflecting a positive market sentiment similar to previous successful issuances by companies in need of capital.

How important is it?

The announcement directly relates to Ball's capital structure and financial health; it’s crucial for investor confidence and market positioning.

Why Short Term?

Investors may react quickly to the liquidity bolstered by the offering, translating into immediate price movements. Past examples include shifts noticed during similar offerings by market peers.

Related Companies

May 12, 2025 04:22 ET  | Source: BNP Paribas Primary New Issues [12/05/2025] Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful. [Ball Corporation] Pre-stabilisation Period Announcement BNP Paribas (contact: Stanford Hartman telephone: 0207 595 8222 hereby gives notice, as Stabilisation Coordinator, that the Stabilisation Manager(s) named below may stabilise the offer of the following securities in accordance with Commission Delegated Regulation EU/2016/1052 under the Market Abuse Regulation (EU/596/2014). The securities:1 Issuer:Ball CorporationGuarantor (if any): Substantially all of Ball Corporation’s domestic subsidiaries that guarantee its existing indebtedness will guarantee the notes, and none of Ball Corporation’s foreign subsidiaries will guarantee the notes. Aggregate nominal amount:TBCDescription:EUR 7 YrOffer price:TBCOther offer terms:N/AStabilisation: Stabilisation Manager(s)BNP PARIBAS, DB, CACIB, UNICREDIT, BOFA, CITI, GS, RABO, SANTANDER, MIZ, MS, SMBC, BARC, HSBCStabilisation period expected to start on:12/05/2025Stabilisation period expected to end no later than:19/06/2025Existence, maximum size and conditions of use of over‑allotment facility:The Stabilisation Manager(s) may over‑allot the securities to the extent permitted in accordance with applicable law.Stabilisation trading venue:OTC In connection with the offer of the above securities, the Stabilisation Manager(s) may over‑allot the securities or effect transactions with a view to supporting the market price of the securities during the stabilisation period at a level higher than that which might otherwise prevail. However, stabilisation may not necessarily occur and any stabilisation action, if begun, may cease at any time. Any stabilisation action or over‑allotment shall be conducted in accordance with all applicable laws and rules. This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction. This announcement and the offer of the securities to which it relates are only addressed to and directed at persons outside the United Kingdom and persons in the United Kingdom who have professional experience in matters related to investments or who are high net worth persons within Article 12(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 and must not be acted on or relied on by other persons in the United Kingdom. In addition, if and to the extent that this announcement is communicated in, or the offer of the securities to which it relates is made in, the UK or any EEA Member State before the publication of a prospectus in relation to the securities which has been approved by the competent authority in the UK or that Member State in accordance with Regulation (EU) 2017/1129 (the “Prospectus  Regulation”) (or which has been approved by a competent authority in another Member State and notified to the competent authority in the UK or that Member State in accordance with the Prospectus Regulation), this announcement and the offer are only addressed to and directed at persons in the UK or that Member State who are qualified investors within the meaning of the Prospectus Regulation (or who are other persons to whom the offer may lawfully be addressed) and must not be acted on or relied on by other persons in the UK or that Member State. This announcement is not an offer of securities for sale into the United States. The securities have not been, and will not be, registered under the United States Securities Act of 1933 and may not be offered or sold in the United States absent registration or an exemption from registration. There will be no public offer of securities in the United States. 

Related News