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Amcor Announces Filing of Term Sheets for €1.5 Billion Senior Notes

Story Highlights
  • Amcor filed FWP Term Sheets with the SEC for €1.5 billion in senior notes.
  • The notes are fully guaranteed by Amcor and subsidiaries, indicating stable financial positioning.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Amcor Announces Filing of Term Sheets for €1.5 Billion Senior Notes

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The latest update is out from Amcor PLC Shs Chess Depository Interests ( (AU:AMC) ).

Amcor plc announced the filing of FWP Term Sheets with the US Securities and Exchange Commission, detailing the issuance of €750 million 3.200% Guaranteed Senior Notes due 2029 and €750 million 3.750% Guaranteed Senior Notes due 2033. These notes are fully and unconditionally guaranteed by Amcor and its subsidiaries, with expected ratings from Moody’s, S&P, and Fitch, indicating stable financial positioning. This move is part of Amcor’s strategic financial management, potentially impacting its market position and stakeholder interests by reinforcing its capital structure.

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 flexible packaging, rigid packaging, cartons, and closures. With over 75,000 employees, Amcor generates $23 billion in annual sales from operations in more than 400 locations across over 40 countries.

Average Trading Volume: 4,265,345

Technical Sentiment Signal: Sell

Current Market Cap: A$29.83B

For detailed information about AMC stock, go to TipRanks’ Stock Analysis page.

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