Berry Global to redeem $200 million notes due 2022 on July 31 at par

By Sarah Lizee

Olympia, Wash., July 1 – Berry Global Group, Inc. subsidiary Berry Global, Inc. elected to redeem in full the $200 million remaining outstanding of its 6% second priority senior secured notes due 2022, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed on July 31 at par plus accrued interest, if any, to the redemption date.

The company plans to use cash on hand for the redemption.

Berry is an Evansville, Ind.-based supplier of non-woven, flexible and rigid products used within consumer and industrial end markets.

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