0001104659-22-058273.txt : 20220510 0001104659-22-058273.hdr.sgml : 20220510 20220510163642 ACCESSION NUMBER: 0001104659-22-058273 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20220510 DATE AS OF CHANGE: 20220510 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Amcor Flexibles North America, Inc. CENTRAL INDEX KEY: 0000011199 STANDARD INDUSTRIAL CLASSIFICATION: CONVERTED PAPER & PAPERBOARD PRODS (NO CONTAINERS/BOXES) [2670] IRS NUMBER: 430178130 STATE OF INCORPORATION: MO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-239060-01 FILM NUMBER: 22910381 BUSINESS ADDRESS: STREET 1: 2301 INDUSTRIAL DRIVE CITY: NEENAH STATE: WI ZIP: 54956 BUSINESS PHONE: (920) 727-4100 MAIL ADDRESS: STREET 1: 2301 INDUSTRIAL DRIVE CITY: NEENAH STATE: WI ZIP: 54956 FORMER COMPANY: FORMER CONFORMED NAME: BEMIS CO INC DATE OF NAME CHANGE: 19920703 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Amcor Flexibles North America, Inc. CENTRAL INDEX KEY: 0000011199 STANDARD INDUSTRIAL CLASSIFICATION: CONVERTED PAPER & PAPERBOARD PRODS (NO CONTAINERS/BOXES) [2670] IRS NUMBER: 430178130 STATE OF INCORPORATION: MO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 2301 INDUSTRIAL DRIVE CITY: NEENAH STATE: WI ZIP: 54956 BUSINESS PHONE: (920) 727-4100 MAIL ADDRESS: STREET 1: 2301 INDUSTRIAL DRIVE CITY: NEENAH STATE: WI ZIP: 54956 FORMER COMPANY: FORMER CONFORMED NAME: BEMIS CO INC DATE OF NAME CHANGE: 19920703 FWP 1 a22-6464_4fwp.htm FWP

 

Filed Pursuant to Rule 433

 

Registration Statement Nos. 333-239060, 333-239060-01,
333-239060-02, 333-239060-03, and 333-239060-4

 

GRAPHIC

 

Amcor Flexibles North America, Inc.

 

US$500,000,000 4.000% Guaranteed Senior Notes due 2025

 

With full and unconditional guarantees
as to payment of principal and interest by each of
Amcor plc
Amcor Finance (USA), Inc.
Amcor UK Finance plc
Amcor Pty Ltd.

 

Pricing Term Sheet — May 10, 2022

 

Issuer:

Amcor Flexibles North America, Inc.

 

 

Guarantors:

Amcor plc, Amcor Finance (USA) Inc., Amcor UK Finance plc and Amcor Pty Ltd

 

 

Principal Amount:

US$500,000,000

 

 

Ranking:

Senior Unsecured

 

 

Format:

SEC Registered Global Notes

 

 

Trade Date:

May 10, 2022

 

 

Settlement Date*:

May 17, 2022 (T+5) (New York Business Days for Settlement)

 

 

Maturity Date:

May 17, 2025

 

 

Benchmark Treasury:

UST 2.625% due April 15, 2025

 

 

Benchmark Treasury Price and Yield:

99-15+ / 2.809%

 

 

Spread to Benchmark Treasury:

T+120 bps

 

 

Coupon:

4.000% per annum (payable semi-annually)

 

 

Re-Offer Yield:

4.009% semi-annual

 

 

Re-Offer Price:

99.975%

 

 

Fees:

25 basis points

 

 

All-in Price:

99.725%

 

 

Redemption Amount:

100% of face value at Maturity Date

 

 

Interest Payment Dates:

Payable semi-annually in arrears on May 17 and November 17 of each year, beginning November 17, 2022 and ending on the Maturity Date, subject to the Following Business Day Convention

 

 

Optional Redemption:

Make-Whole Call: T+20 bps at any time before April 17, 2025

 

Par call at any time on or after April 17, 2025

 


 

Day Count:

30/360, unadjusted

 

 

Business Day Convention:

Following Business Day Convention

 

 

Business Days:

New York, London, Sydney, Melbourne

 

 

Governing Law:

State of New York law

 

 

CUSIP:

02343J AA8

 

 

ISIN:

US02343JAA88

 

 

Denominations:

Minimum of US$2,000 with increments of US$1,000 thereafter

 

 

Joint Book Running Managers:

BNP Paribas Securities Corp.

 

BofA Securities, Inc.

 

Citigroup Global Markets Inc.

 

J.P. Morgan Securities LLC

 

HSBC Securities (USA) Inc.

 

Mizuho Securities USA LLC

 

Wells Fargo Securities, LLC

 

 

Co-Managers:

Deutsche Bank Securities Inc.

 

Scotia Capital (USA) Inc.

 

TD Securities (USA) LLC

 

UniCredit Capital Markets LLC

 


*Note: It is expected that delivery of the Notes will be made to investors on or about May 17, 2022, which will be the 5th business day following the date of pricing of the Notes (such settlement being referred to as “T+5”). Under Rule 15c6-1 of the U.S. Securities Exchange Act of 1934, as amended, trades in the secondary market generally are required to settle in two business days unless the parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade Notes prior to two business days before the date of delivery will be required, by virtue of the fact that the Securities initially will settle in T+5, to specify an alternate settlement cycle at the time of any such trade to prevent a failed settlement. Purchasers of the Notes who wish to trade Notes prior to two business days before the date of delivery should consult their own advisor.

 

This communication is intended for the sole use of the person to whom it is provided by the sender. This document may not be reproduced, distributed or published by any recipient for any purpose. This document has been prepared for information purposes only and does not take into account the specific requirements, investment objectives or financial circumstances of any recipient. The recipient should seek independent financial, legal, tax and other relevant advice and should independently verify the accuracy of the information contained in this document.

 

No EEA PRIIPs KID — No EEA PRIIPs key information document (KID) has been prepared as the Notes are not available to retail in the European Economic Area.

 

No UK PRIIPs KID — No UK PRIIPs key information document (KID) has been prepared as the Notes are not available to retail in the United Kingdom.

 

The Issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. The information in this pricing term sheet supplements the Issuer’s preliminary prospectus supplement, dated May 10, 2022 (the “Preliminary Prospectus”) and supersedes the information in the Preliminary Prospectus to the extent inconsistent with the information in the Preliminary Prospectus. Before you invest, you should read the Preliminary Prospectus, together with the prospectus in that registration statement and other documents each of the Issuer and Amcor plc has filed with the SEC for more complete information about the Issuer, Amcor plc and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the Issuer, any underwriter or any dealer participating in the offering will arrange to send you the Preliminary Prospectus if you request it by calling Citigroup Global Markets Inc. toll-free at (800) 831-9146.

 

The information in this pricing term sheet supplements the Preliminary Prospectus and supersedes the information in the Preliminary Prospectus to the extent inconsistent with the information in the Preliminary Prospectus. This pricing term sheet is

 


 

qualified in its entirety by reference to the Preliminary Prospectus. Terms used herein but not defined herein shall have the respective meanings as set forth in the Preliminary Prospectus.

 

If this document has been distributed by electronic transmission, such as e-mail, then such transmission cannot be guaranteed to be secure or error-free as information could be intercepted, corrupted, lost, destroyed, arrive late or incomplete, or contain viruses. The sender therefore does not accept liability for any errors or omissions in the contents of this document, which may arise as a result of electronic transmission.

 

ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.

 


GRAPHIC 2 g64644bgi001.jpg GRAPHIC begin 644 g64644bgi001.jpg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end