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The latest update is out from Amcor PLC Shs Chess Depository Interests ( (AU:AMC) ).
Amcor UK Finance plc has announced the issuance of €1.5 billion in senior notes, divided equally between 3.200% notes due in 2029 and 3.750% notes due in 2033. These notes, guaranteed by Amcor and several subsidiaries, are intended to be listed on the New York Stock Exchange. The issuance aims to strengthen Amcor’s financial position, although it involves risks, as indicated in the prospectus. The move is expected to impact Amcor’s market presence positively, offering stakeholders a potentially lucrative investment opportunity.
The most recent analyst rating on (AU:AMC) stock is a Buy with a A$18.46 price target. To see the full list of analyst forecasts on Amcor PLC Shs Chess Depository Interests stock, see the AU:AMC Stock Forecast page.
More about Amcor PLC Shs Chess Depository Interests
Amcor is a global leader in developing and producing responsible consumer packaging and dispensing solutions across various materials for nutrition, health, beauty, and wellness categories. The company is known for its global product innovation and sustainability expertise, offering a range of flexible packaging, rigid packaging, cartons, and closures. Amcor operates over 400 locations in more than 40 countries, employing over 75,000 people and generating $23 billion in annualized sales.
Average Trading Volume: 4,005,487
Technical Sentiment Signal: Hold
Current Market Cap: A$30.04B
For an in-depth examination of AMC stock, go to TipRanks’ Overview page.