Bulletin: BWAY Holding Co. Ratings Unaffected By Proposed $150 Million Add-On To Senior Unsecured Notes Due 2025 - S&P Global Ratings’ Credit Research

Bulletin: BWAY Holding Co. Ratings Unaffected By Proposed $150 Million Add-On To Senior Unsecured Notes Due 2025

Bulletin: BWAY Holding Co. Ratings Unaffected By Proposed $150 Million Add-On To Senior Unsecured Notes Due 2025 - S&P Global Ratings’ Credit Research
Bulletin: BWAY Holding Co. Ratings Unaffected By Proposed $150 Million Add-On To Senior Unsecured Notes Due 2025
Published Aug 10, 2017
2 pages (859 words) — Published Aug 10, 2017
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About This Report

  
Abstract:

NEW YORK (S&P Global Ratings) Aug. 10, 2017--S&P Global Ratings said today that its ratings on BWAY Holding Co. (B-/Stable/--) are unaffected by the company's proposal for a $150 million add-on to its existing 7.25% senior unsecured notes due 2025. We expect that the company will use the proceeds from this add-on to redeem all of its preferred equity.

  
Brief Excerpt:

...NEW YORK (S&P Global Ratings) Aug. 10, 2017--S&P Global Ratings said today that its ratings on BWAY Holding Co. (B-/Stable/--) are unaffected by the company's proposal for a $150 million add-on to its existing 7.25% senior unsecured notes due 2025. We expect that the company will use the proceeds from this add-on to redeem all of its preferred equity. Only a rating committee may determine a rating action and this report does not constitute a rating action....

  
Report Type:

Bulletin

Ticker
BWY
Issuer
Mauser Packaging Solutions Holding Co.
GICS
Metal & Glass Containers (15103010)
Sector
Global Issuers
Country
United States
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Bulletin: BWAY Holding Co. Ratings Unaffected By Proposed $150 Million Add-On To Senior Unsecured Notes Due 2025" Aug 10, 2017. Alacra Store. May 04, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-BWAY-Holding-Co-Ratings-Unaffected-By-Proposed-150-Million-Add-On-To-Senior-Unsecured-Notes-Due-2025-1898890>
  
APA:
S&P Global Ratings’ Credit Research. (). Bulletin: BWAY Holding Co. Ratings Unaffected By Proposed $150 Million Add-On To Senior Unsecured Notes Due 2025 Aug 10, 2017. New York, NY: Alacra Store. Retrieved May 04, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Bulletin-BWAY-Holding-Co-Ratings-Unaffected-By-Proposed-150-Million-Add-On-To-Senior-Unsecured-Notes-Due-2025-1898890>
  
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