Shearman And Sterling

News June 08, 2022

Ardagh Metal Packaging’s $600 Million High Yield Green Bond Offering

Shearman & Sterling represented Ardagh Metal Packaging Finance plc and Ardagh Metal Packaging Finance USA LLC, both subsidiaries of Ardagh Metal Packaging S.A (Ardagh Metal Packaging), on their $600 million offering of high yield green notes.

Ardagh Metal Packaging intends to allocate an amount equal to the net proceeds of the offering to finance and/or refinance, in whole or in part, eligible green projects in accordance with the Ardagh Group Green Financing Framework.

Ardagh Metal Packaging is a leading global supplier of infinitely recyclable, sustainable, metal beverage cans and ends to brand owners, operating 24 production facilities in 9 countries and employing close to 5,800 employees with sales of $4.1 billion in 2021.

The Shearman & Sterling team below also included associate Silvia Montanya (Europe-Capital Markets).

The Team