Ball Corp (BLL) 2023-1

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD1,000.0006Jun-29SeniorBa1BB+-FixedTsy-6.00% a2516.00%-100.00000
Tranche Comments
6 yr: First Pay: 2024-01-01; Redemption: 2026-05-15; Registration: Registered; Comments: US$1bn 6.00% cpn 6yr (6/15/29) at 100, yld 6.00%. Spread: T+251bp. Equity Claw: Up to 40% at 106.000% until May 15th, 2026 MWC T+50bp Call Schedule: 5/15/26 2026 103.00, 5/15/27 101.50, 5/15/28 and thereafter 100. Settlement: 5/11/23. CoC: 101%. Reset Date: 2026-06-15. LEI: 0BGI85ALH27ZJP15DY16;
Guarantor(s)
Ball Metal Beverage Container Corp
Use of Proceeds
Repay outstanding borrowings and general corporate purposes
Research
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