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Latham Represents O-I Glass, Inc. in US$300 Million and €500 Million Senior Notes Offerings and Tender Offer for Outstanding Senior Notes

June 4, 2024
Firm advises one of the leading producers of glass bottles and jars around the globe on the offerings.

Owens-Brockway Glass Container Inc., an indirect wholly owned subsidiary of O-I Glass, Inc., has closed its private offering of US$300 million aggregate principal amount of its 7.375% senior notes due 2032 at par. In addition, OI European Group B.V., an indirect wholly owned subsidiary of O-I Glass, Inc. (OIEG), has closed a private offering of €500 million aggregate principal amount of its 5.250% senior notes due 2029 at par, which represents an increase of €100 million from the previously announced aggregate offering size. OIEG also completed a tender offer for approximately €323 million aggregate principal amount of its 2.875% Senior Notes due 2025.

Latham & Watkins LLP represented O-I Glass in the offerings with a capital markets team led by partners Julia Thompson and Chuck Cassidy, with associates Hana Nah, Adam Weber, and Sheen Moaleman. Advice was also provided on tax matters by partners Nicholas DeNovio, Pardis Zomorodi, and Eric Cho, with associate Kathryn Harrington.

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