CANPACK Announces CANPACK Group, Inc. as Co-Issuer to its Outstanding Notes

Kraków, Poland and Blandon, Pennsylvania (January 2, 2024) – CANPACK today announced that F&P Holding Co., Inc., a Pennsylvania corporation, a subsidiary of Giorgi Global Holdings, Inc., the direct parent corporation of CANPACK US LLC, and an indirect parent corporation of CANPACK S.A., has been renamed CANPACK Group, Inc. 

In connection therewith CANPACK Group, Inc. has acceded as a co-issuer to the outstanding (i) $400,000,000 3.125% aggregate principal amount of Senior Notes due 2025, (ii) €600,000,000 2.375% aggregate principal amount of Senior Notes due 2027 and (iii) $800,000,000 3.875% aggregate principal amount of Senior Notes due 2029 (together, the “Notes”) originally issued by CANPACK S.A. and CANPACK US LLC. 

Each of CANPACK S.A. and CANPACK US LLC will remain co-issuers of the Notes. In line with these changes, certain conforming amendments to the indentures governing the Notes have been made, including amending the reporting requirements to now provide noteholders with a more streamlined and traditional single set of consolidated financial statements at the CANPACK Group, Inc. level that includes the financial performance of all entities in the Notes restricted group.

About CANPACK Group

CANPACK Group, part of Giorgi Global Holdings, Inc, is a global manufacturer of aluminum beverage cans and packaging solutions for the food and beverage industries, as well as glass bottles and metal closures. Headquartered in Krakow (Poland), CANPACK employs approximately 9,000 people worldwide and has operations in 16 countries. For more information, visit www.canpack.com.

Enquiries:

CANPACK IR team

Lorenzo Ruffatti
Group Treasury & Investor Relations Director

Marta Kopcik
Group Communications Manager

Email: IR@canpack.com

CANPACK IR Advisor

Li Zhao – H/Advisors Maitland
Phone: +44 (0) 207 379 5151
Email: canpack@h-advisors.global