Berry Global elects to redeem $200 million 5¼% notes due 2023

By Wendy Van Sickle

Columbus, Ohio, June 16 – Berry Global Group, Inc. subsidiary Berry Global, Inc. gave notice that it plans to redeem in full the $200 million of its outstanding 5¼% second-priority senior secured notes due 2023 on July 15, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed at par plus accrued interest to the redemption date using cash on hand.

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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