Amcor plc 8-K

What Happened

• Amcor Flexibles North America, Inc. (the Issuer) completed the sale of $750.0 million aggregate principal of 4.250% Guaranteed Senior Notes due March 8, 2029 (the 2029 Notes) and $750.0 million aggregate principal of 5.125% Guaranteed Senior Notes due March 12, 2036 (the 2036 Notes).
• The Securities were issued under an Indenture dated March 10, 2026, and are senior unsecured obligations of the Issuer. Amcor plc and several affiliated entities, together with Berry Global Group, Inc. and Berry Global, Inc., provided full unconditional guarantees. The offering was underwritten by Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC.

Key Details

• Total principal issued: $1,500,000,000 (two tranches of $750M each).
• Coupon and maturities: 4.250% due March 8, 2029; 5.125% due March 12, 2036. Interest paid semi‑annually beginning Sept 2026.
• Net proceeds after underwriting discounts and fees: approximately $1,489 million.
• Intended use of proceeds: repay either all or part of the Issuer’s $600.0M 3.625% Guaranteed Senior Notes due 2026 and Berry Global, Inc.’s $750.0M 4.875% First Priority Senior Secured Notes due 2026; remainder, if any, to repay commercial paper and for general corporate purposes.

Why It Matters

• This transaction raises long‑term funding and is intended to refinance near‑term 2026 maturities, which should reduce immediate refinancing pressure.
• The notes are senior unsecured and guaranteed by Amcor and affiliates, so investors should note the increased consolidated senior unsecured indebtedness and the extended maturity profile through 2036 for a portion of the debt.
• Net proceeds and stated uses are factual — the filing indicates Amcor expects to apply the funds toward specific 2026 debt and working capital, which can affect liquidity and interest expense timing but does not include forward-looking forecasts.