10:39 AM EST, 02/26/2025 (MT Newswires) -- Amcor ( AMCCF ) said Wednesday it has initiated a consent solicitation to obtain noteholders' approval for proposed changes to the indentures governing multiple series of senior secured notes issued by Berry Global ( BERY ) , following their merger agreement announced on Nov. 19.

The solicitations propose amendments to permit the release of Berry's collateral liens and parent guarantee, contingent on Amcor ( AMCCF ) offering an unconditional guarantee of Berry's payment obligations.

The notes include 1.50% first priority senior secured notes due 2027, 1.65% first priority senior secured notes due 2027, 5.50% first priority senior secured notes due 2028, 5.800% first priority senior secured notes due 2031, and 5.650% first priority senior secured notes due 2034.

The record date is Feb. 25 and the solicitations will expire on March 5.

If at least two-thirds of noteholders consent to the proposed amendments without revoking before March 5, and all conditions are met or waived by Amcor ( AMCCF ), Berry will enter into a supplemental indenture, the company said.

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