Berry Global Inc. was founded in 1967 and is headquartered in Evansville, Indiana. The company focuses on providing innovative protective solutions, primarily through its manufacturing of plastic packaging products and engineered materials. Key offerings include a broad range of consumer and institutional packaging solutions, including containers, films, and bottle caps that cater to diverse industries such as food and beverage, healthcare, and personal care.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Berry Global has been active in the bond market since the early 2000s, issuing bonds to finance strategic acquisitions and refinance existing debt. Notably, in 2019, Berry Global issued $2.6 billion in new bonds to assist in the funding of its acquisition of RPC Group, significantly enhancing its market position. As of October 2023, Berry's bond yields remain competitive within the packaging industry, featuring a mix of fixed-rate and unsecured bonds. The company’s bonds have drawn interest, particularly for their inclusion of call provisions, allowing for flexibility in managing debt amidst changing market conditions.