Ball Corp. Prices Underwritten Public Offering Of $750M Aggregate Principal Amount Of 5.500% Senior Notes Due 2033

Ball Corporation ("Ball") (NYSE:BALL) announced today that it priced an underwritten public offering of $750 million aggregate principal amount of 5.500% Senior Notes due 2033 (the "Notes"). The offering is expected to close on August 14, 2025, subject to the satisfaction of customary closing conditions.

Ball intends to use the net proceeds from the offering for general corporate purposes, which may include the refinancing or repayment of debt. Prior to the application of such proceeds, Ball intends to repay outstanding borrowings under its U.S. dollar and its multi-currency revolving credit facilities, without a reduction in commitment, using a portion of the net proceeds from the offering, together with cash on hand. The exact allocation of such proceeds and the timing thereof is at the discretion of Ball's management.