O-I Announces Commencement of Consent Solicitations and Process to Amend Bank Credit Agreement Related to Corporate Modernization
O-I Glass, Inc. (OI)
Last o-i glass, inc. earnings: 4/28 04:20 pm
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US:NYSE Investor Relations:
investors.o-i.com/phoenix.zhtml?c=88324&p=irol-calendar
Company Research
Source: GlobeNewswire
PERRYSBURG, Ohio , Dec. 04, 2019 (GLOBE NEWSWIRE) -- FOR IMMEDIATE RELEASE Owens-Illinois, Inc. (“O-I” or the “Company”) today announced that the Board of Directors of the Company has authorized the commencement of consent solicitations to amend and waive certain provisions in the indentures governing the outstanding senior notes issued by certain of the Company’s subsidiaries and an amendment to the Company’s bank credit agreement. The purpose of the consent solicitations and bank credit agreement amendment is to facilitate the implementation of the Corporate Modernization (as defined below), which, if implemented, would be expected to be completed by the end of 2019. The Company believes that the Corporate Modernization would improve the Company’s operating efficiency and cost structure, while ensuring the Company remains well-positioned to address its legacy liabilities. It is not expected that the Corporate Mod
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OI
News
- O-I Glass, Inc. (NYSE: OI) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- O-I Glass, Inc. (NYSE: OI) had its price target lowered by analysts at Royal Bank of Canada from $18.00 to $16.00. They now have an "outperform" rating on the stock.MarketBeat
- O-I Glass, Inc. (NYSE: OI) had its price target lowered by analysts at Barclays PLC from $14.00 to $13.00. They now have an "equal weight" rating on the stock.MarketBeat
- O-I GLASS REPORTS THIRD QUARTER 2024 RESULTS [Yahoo! Finance]Yahoo! Finance
- O-I GLASS REPORTS THIRD QUARTER 2024 RESULTSGlobeNewswire
OI
Earnings
- 10/29/24 - Miss
OI
Sec Filings
- 10/30/24 - Form 10-Q
- 10/29/24 - Form 8-K
- 10/22/24 - Form 8-K
- OI's page on the SEC website