DUBLIN-Smurfit Westrock plc, a global leader in sustainable packaging, has announced the completion of its exchange offers for certain outstanding unregistered senior notes. The company successfully exchanged approximately 99.4% to 99.84% of its aggregate principal amount for new registered notes. The exchange involved $750 million of 5.200% Senior Notes due 2030, $1 billion of 5.438% Senior Notes due 2034, $1 billion of 5.777% Senior Notes due 2054, and $850 million of 5.418% Senior Notes due 2035. The exchange offers expired on May 21, 2025, and the settlement is anticipated on May 23, 2025. Smurfit Westrock will not receive any proceeds from these transactions.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.