Ball Corporation has announced an expansion of its public offering of senior bonds, increasing from 750 to 850 million euros, due to high investor interest. These bonds, maturing in 2032 with a 4.25% interest rate, will be issued on May 19, 2025, subject to closing conditions.
The funds raised, along with available cash, will be used for general corporate purposes such as debt refinancing, acquisitions, strategic investments, or operating expenses. Part of the money will be used to pay outstanding loans, without reducing access to its credit line.
Ball Corporation, with 16,000 employees and sales of $11.8 billion in 2024, has shown financial strength: it has been paying dividends for 53 years and maintains good liquidity and debt metrics. In the first quarter of 2025, it exceeded expectations with an EPS of $0.76 and $3.1 billion in revenue. The company projects annual EPS growth of 11-14% and plans to repurchase up to $1.3 billion in shares this year. Analysts highlight its solid performance and expansion potential, especially in Europe and South America.
Ball Corporation earned $4.01 billion in 2024
Ball earns $3080 thousand in the third quarter 2024
Ball reports profit of $158 million in the first half of 2024
Ball to sell its aerospace business for US$5.6 billion
Molson Coors expands its offering with non-alcoholic products
BALL CORPORATION ANNOUNCES PRICING OF $750 MILLION IN SENIOR NOTES
BALL CORPORATION RECOMMENDS REJECTION OF BELOW-MARKET MINI PUBLIC OFFERING BY TRC CAPITAL CORPORATION
BALL TO INVEST 56 MILLION EUROS IN THE REOPENING OF ITS PARÁ PLANT
THE MULTINATIONAL BALL WILL DONATE 1 MILLION EUROS TO SUPPORT THE VICTIMS OF THE COLORADO FIRES.
