FRANKFURT (S&P Global Ratings) May 12, 2025--S&P Global Ratings today said it assigned its ?B? issue rating and ?3? recovery rating to Trivium Packaging Finance B.V.'s (B/Stable/--) proposed five-year €500 million term loan B. Trivium Packaging, a Netherlands-based metal packaging group operating 49 plants in 18 countries across Europe, North America, and South America, intends to use the proceeds from the issuance to refinance existing debt facilities. Therefore, we consider the transaction leverage neutral, with no effect on our ?B? long-term issuer credit rating on the company. Criteria Corporates General: Sector-Specific Corporate Methodology , April 4, 2024 Criteria Corporates General: Methodology: Management And Governance Credit Factors For Corporate Entities , Jan. 7, 2024 Criteria Corporates
