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O-I Glass Inc - OI STOCK NEWS

Welcome to our dedicated news page for O-I Glass (Ticker: OI), a resource for investors and traders seeking the latest updates and insights on O-I Glass.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect O-I Glass's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of O-I Glass's position in the market.

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Rhea-AI Summary
O-I Glass, Inc. announced that its subsidiary, Owens-Brockway Glass Container Inc., priced a private offering of $690 million aggregate principal amount of its 7.250% senior notes due 2031. The net proceeds are expected to be approximately $682.4 million. The offering is expected to close on May 25, 2023. O-I European Group B.V., another subsidiary of O-I Glass, also priced a private offering of €600 million aggregate principal amount of its 6.250% senior notes due 2028. The net proceeds are expected to be approximately €593.4 million (approximately $646.8 million). The offering is also expected to close on May 25, 2023.
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O-I Glass, Inc. has announced concurrent offers to purchase outstanding securities of Owens-Brockway Glass Container Inc. and OI European Group B.V. The offers are made for cash and include Dollar Notes and Euro Notes. As of May 11, 2023, $250 million aggregate principal amount of Dollar Notes and €725 million aggregate principal amount of Euro Notes were outstanding.
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O-I Glass Inc

NYSE:OI

OI Rankings

OI Stock Data

2.38B
151.21M
1.33%
98.21%
2.8%
Glass Container Manufacturing
Manufacturing
Link
United States
Perrysburg

About OI

owens-illinois, inc. (nyse: oi) is the world's largest glass container manufacturer and preferred partner for many of the world's leading food and beverage brands. the company had revenues of $6.8 billion in 2014. following the acquisition of vitro's food and beverage business, the company now employs approximately 27,000 people at 81 plants in 23 countries. with global headquarters in perrysburg, ohio, usa, o-i delivers safe, sustainable, pure, iconic, brand-building glass packaging to a growing global marketplace. for more information visit o-i.com. o-i’s glass is life™ movement promotes the widespread benefits of glass packaging in key markets around the globe. learn more about the reasons to choose glass and join the movement at glassislife.com