/C O R R E C T I O N -- Ball Corporation/

Rhea-AI Summary

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

The facilities include a U.S. dollar revolving facility, a multicurrency revolving facility and a U.S. dollar term loan that matures in 2030. Ball intends to use net proceeds to refinance its existing senior secured credit facilities and for general corporate purposes. Bank of America acted as Administrative Agent on the transaction.

Management said the financing strengthens Ball’s financial position, adds flexibility for strategic initiatives and supports its long-term capital structure through 2025 and beyond.

Positive

• $3.5 billion new senior secured credit facilities
• Includes U.S. dollar term loan maturing in 2030
• Refinances existing senior secured facilities to extend maturities
• Bank of America served as Administrative Agent

Negative

• None.

In the news release, Ball Corporation Announces Completion of Credit Facilities, issued 25-Nov-2025 by Ball Corporation over PR Newswire, we are advised by the company that a line has been added to the end of the second paragraph ("Bank of America acted as Administrative Agent on the transaction.") and a word has been added to the Forward-Looking Statement ("intends"). The complete, corrected release follows:

Ball Corporation Announces Completion of Credit Facilities

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. Bank of America acted as Administrative Agent on the transaction.

"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," "intends," "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 announce about credit facilities on Nov 25, 2025 (NYSE: BALL)?

Ball completed new senior secured credit facilities totaling $3.5 billion on Nov 25, 2025.

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

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

When does Ball's new term loan mature following the Nov 25, 2025 closing (BALL)?

The U.S. dollar term loan included in the new facilities matures in 2030.

How will Ball use proceeds from the new credit facilities announced Nov 25, 2025 (BALL)?

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

Who acted as Administrative Agent on Ball Corporation’s credit transaction (BALL)?

Bank of America acted as Administrative Agent on the transaction.

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

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