Reported Earlier, Owens-Brockway Glass Container Prices Private Offering Of $300M 7.375% Senior Notes Offering Due 2032

The net proceeds to OBGC from the Offering are expected to be approximately $297 million, after deducting commissions but before offering expenses payable by OBGC. OBGC's obligations under the Notes will be guaranteed on a joint and several basis by Owens-Illinois Group, Inc. ("OI Group") and certain U.S. domestic subsidiaries of OI Group that are guarantors under OI Group's credit agreement. The Offering is expected to close on May 30, 2024, subject to the satisfaction of customary closing conditions