Berry and glatfelter announce proposed offering by a berry subsidiary of senior secured notes in connection with the proposed merger of berry's health, hygiene and specialties global nonwovens and films business with glatfelter

Evansville, ind. & charlotte, n.c.--(business wire)--berry global group, inc. (nyse:bery) (“berry”) and glatfelter corporation (nyse:glt) (“glatfelter”) announced today that berry's indirect, wholly-owned subsidiary, treasure escrow corporation, a delaware corporation (the “issuer”), plans to issue $500,000,000 of senior secured notes due 2031 (the “notes”). the proceeds from the offering are intended to be used to fund a portion of the cash distribution to berry global, inc., a delaware corpor.
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