Deals this week: Crown Americas, Ardagh Group, Crown European Holdings

8 September 2016 (Last Updated September 8th, 2016 18:30)

Crown Americas and Crown Americas Capital, both subsidiaries of Crown Holdings, have announced an issue of senior unsecured notes, due 2026.

Crown Americas and Crown Americas Capital, both subsidiaries of Crown Holdings, have announced an issue of senior unsecured notes, due 2026.

Crown Holdings and several of its subsidiaries will offer an unconditional guarantee for the notes.

Dechert is the legal adviser for the offering, which will raise a principal amount of $350m.

"Crown Americas and Crown Americas Capital have announced an issue of senior unsecured notes, due 2026."

Ardagh Group, through its subsidiary ARD Finance, plans to issue senior secured toggle notes, due 2023.

The offering is estimated to raise $1.565bn for the company.

Based in Luxembourg, Ardagh Group produces metal and glass packaging products.

Crown European Holdings, a subsidiary of Crown Holdings, intends to raise $345.93m through the issue of senior unsecured notes, due 2022.

An unconditional guarantee for the notes will be offered by Crown Holdings and several of its subsidiaries.

Crown European Holdings retained Dechert as the legal adviser for the transaction.