Crown Holdings Announces Full Redemption of $350 Million 7.375% Debentures Due 2026

Reuters
2025.11.24 21:32
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Crown Holdings Inc. announced that its subsidiary, Crown Cork & Seal Company, Inc., will redeem all outstanding 7.375% Debentures due 2026, with an initial principal amount of $350 million. The redemption is set for December 21, 2025, at a price of 100% of the principal amount or the present value of remaining payments, plus accrued interest. December 19, 2025, will be the last trading day on the NYSE.

Crown Holdings Inc. has announced that its wholly-owned subsidiary, Crown Cork & Seal Company, Inc., will redeem all of its outstanding 7-38% Debentures due 2026, which have an initial aggregate principal amount of $350 million. The redemption is scheduled for December 21, 2025. The redemption price will be the greater of 100% of the principal amount or the sum of the present values of the remaining scheduled payments discounted at the Treasury Rate plus 15 basis points, in addition to accrued interest up to the redemption date. The company expects that December 19, 2025, will be the last day the debentures are traded on the New York Stock Exchange. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Crown Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-293747), on November 24, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here