Ball Corporation Announces Completion of Credit Facilities

Rhea-AI Summary

Ball Corporation (NYSE: BALL) completed the closing of new senior secured credit facilities totaling $3.5 billion on Nov. 25, 2025.

The package includes a U.S. dollar revolving facility, a multicurrency revolving facility and a U.S. dollar term loan that matures in 2030. Ball said it will use net proceeds to refinance its existing senior secured facilities entered into on June 28, 2022, and for general corporate purposes.

The company described the facilities as strengthening its financial position via a diverse bank syndicate and providing flexibility to pursue strategic initiatives while supporting a long-term capital structure.

Positive

• $3.5 billion new senior secured credit facilities
• Includes a U.S. dollar term loan that matures in 2030
• Refinances facilities originally entered on June 28, 2022
• Provides multicurrency and U.S. dollar revolving facilities
• Cited financing from a diverse bank syndicate to strengthen liquidity

Negative

• None.

WESTMINSTER, Colo., Nov. 25, 2025 /PRNewswire/ -- Ball Corporation (NYSE: BALL) announced today it has completed the closing of its new revolver and term loan senior secured credit facilities that refinance its existing senior secured credit facilities entered into on June 28, 2022.

The new $3.5 billion senior secured credit facilities include a U.S. dollar revolving facility, a multicurrency revolving facility and a U.S. dollar term loan facility that will mature in 2030. Ball intends to use net proceeds from these credit facilities to refinance its existing senior secured credit facilities and for general corporate purposes.

"These new credit facilities strengthen our financial position with attractive financing from a diverse bank syndicate, while providing the flexibility to pursue strategic initiatives," said Daniel J. Rabbitt, chief financial officer. "Combined with our solid balance sheet and recent financings, we have built a competitive, long-term capital structure that supports sustainable growth and maximizes shareholder value in 2025 and beyond."

About Ball Corporation
Ball Corporation supplies innovative, sustainable aluminum packaging solutions for beverage, personal care and household products customers. Ball Corporation employs 16,000 people worldwide and reported 2024 net sales of $11.80 billion, which excludes the divested aerospace business. For more information, visit www.ball.com, or connect with us on LinkedIn or Instagram.

Forward-Looking Statement
This release contains "forward-looking" statements concerning future events and operational performance. Words such as "will," "continue" and similar expressions typically identify forward looking statements, which are generally any statements other than statements of historical fact. Such statements are based on current expectations or views of the future and are subject to risks and uncertainties, which could cause actual results or events to differ materially from those expressed or implied. You should therefore not place undue reliance upon any forward-looking statements, and they should be read in conjunction with, and qualified in their entirety by, these cautionary statements. Ball undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Key factors, risks and uncertainties that could cause actual outcomes and results to be different are summarized in filings with the Securities and Exchange Commission, including Exhibit 99 in Ball's Form 10-K.

 

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SOURCE Ball Corporation

FAQ

What did Ball Corporation (BALL) announce on November 25, 2025 about its credit facilities?

Ball announced completion of new senior secured credit facilities totaling $3.5 billion to refinance prior facilities and for general corporate purposes.

How long is the Ball (BALL) term loan that closed on Nov. 25, 2025 scheduled to mature?

The U.S. dollar term loan included in the new facilities is scheduled to mature in 2030.

What types of facilities are included in Ball Corporation's $3.5 billion financing (BALL)?

The financing includes a U.S. dollar revolving facility, a multicurrency revolving facility, and a U.S. dollar term loan.

What will Ball (BALL) use the proceeds from the new credit facilities for?

Ball intends to use net proceeds to refinance existing senior secured facilities and for general corporate purposes.

Does Ball (BALL) say the new credit facilities affect its financial strategy?

Ball said the facilities strengthen its financial position, provide flexibility for strategic initiatives, and support a long-term capital structure.