...- Mauser Packaging Solutions Holding Co. plans to fully redeem its $1.8 billion term loan B due 2024 and approximately $2.09 billion senior secured notes due 2024 by issuing a $750 million term loan B due 2026 and $2.75 million of senior secured notes due 2026. The company is also seeking to exchange $1.35 billion of its senior unsecured notes due 2025 for $1.35 billion of second-lien senior secured notes due 2027. - The company is also seeking to amend and extend its current $275 million ABL credit facility maturing in September 2024 for a $350 million Asset Based Lending (ABL) facility due 2028. Additionally, the company will enter into a $150 million super priority revolving credit facility due 2026. - Mauser will have pushed out its next debt maturity into 2026. Additionally, the company continues to perform well despite a softer macro-environment as it continues to realize strong gains from its Earnings Improvement Plan (EIP). As a result, S&P Global Ratings raised the issuer credit...
