UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:
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| Item 8.01. | Other Events. |
Crown Americas LLC and Crown Americas Capital Corp. VI (the “2026 Note Issuers”), each a wholly-owned subsidiary of Crown Holdings, Inc., a Pennsylvania corporation (the “Company”), has issued a conditional notice of redemption to redeem all of the 2026 Note Issuers’ outstanding 4.750% Senior Notes due 2026 (the “2026 Notes”) with an initial aggregate principal amount outstanding of $875 million. The 2026 Notes will be redeemed on June 15, 2025 (the “Redemption Date”) at the redemption price equal to 100% of the principal amount thereof, plus accrued and unpaid interest, if any, from and including the most recent Interest Payment Date, February 1, 2025, to the Redemption Date.
The redemption of the 2026 Notes is conditioned upon the issuance of Crown Americas LLC $700 million aggregate principal amount of 5.875% Senior Notes due 2033 pursuant to that certain Purchase Agreement, dated May 12, 2025, by and among Crown Holdings Inc., Crown Americas LLC, BofA Securities, Inc., as representative of the Initial Purchasers named in Schedule I thereto and the Guarantors (as defined therein), prior to the Redemption Date. There can be no assurance that the Issuers will satisfy this condition and, if the condition is not satisfied, the Issuers will not be obligated to redeem the Notes on the Redemption Date.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: May 16, 2025
| CROWN HOLDINGS, INC. | ||
| By: | /s/ Christy L. Kalaus | |
| Name: | Christy L. Kalaus | |
| Title: | Vice President and Corporate Controller | |