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Business & Economics

Amcor prices $2.2bn senior notes offering to fund Berry merger

GlobalData
Summary
Nutrition label

83% Informative

Amcor Flexibles North America , a subsidiary of packaging company Amcor , has priced a private offering of guaranteed senior notes totalling $ 2.2bn .

Proceeds are earmarked to repay debt associated with Amcor 's merger with Berry Global Group .

Earlier this month , Amcor and Berry secured US antitrust clearance for their proposed $ 8.4bn merger.

VR Score

81

Informative language

77

Neutral language

85

Article tone

formal

Language

English

Language complexity

63

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

Source diversity

1

Affiliate links

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