FITCH REVISES CANPACK’S OUTLOOK TO STABLE; AFFIRMS AT ‘BB-‘

Kraków, Poland (December 12, 2023) – Fitch Ratings has revised CANPACK S.A.’s Outlook to Stable from Negative and affirmed the Long-Term Issuer Default Rating (IDR) at ‘BB-‘. Fitch has also affirmed the senior unsecured instrument rating at ‘BB-’/‘RR4’.

About CANPACK Group

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

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