Shearman And Sterling

News August 06, 2021

Ardagh Metal Packaging’s $325 Million ABL Facilities

Shearman & Sterling advised Ardagh Metal Packaging as the parent and guarantor, on a $325 million asset based financing, agented by Bank of America, to be used for working capital and other general corporate purposes, and to pay certain fees and expenses.

Ardagh Metal Packaging supplies metal beverage cans in Europe, the United States and Brazil. Its products are used in various end-use categories, including beer, carbonated soft drinks, energy drinks, hard seltzers, juices, pre-mixed cocktails, teas, sparkling waters, and wine. The company serves beverage producers. The company is based in Luxembourg, Luxembourg. Ardagh Metal Packaging is a subsidiary of Ardagh Group.

The Shearman & Sterling team below included associate Gina Eum (NY-Finance).

The Team