07:30 AM EDT, 05/22/2025 (MT Newswires) -- Smurfit Westrock ( SW ) said Thursday that it has completed its offers to exchange certain outstanding unregistered notes for new registered notes.
As of the May 21 expiration date, the company said the notes that were tendered included 99.40% of the $750 million 5.200% senior notes due 2030; 99.69% of the $1 billion 5.438% senior notes due 2034; 99.68% of the $1 billion 5.777% senior notes due 2054; and 99.84% of the $850 million 5.418% senior notes due 2035.
Smurfit Westrock ( SW ) said it has accepted all of the original notes that were tendered and not withdrawn and will issue new notes with the same principal amount in exchange for those original notes.
Smurfit Westrock ( SW ) said it will not receive any proceeds from the exchange offers, which are expected to be settled on May 23.