Sonoco Announces Pricing of $1.8 Billion of Senior Unsecured Notes [Financial Post (Toronto, Ontario, Canada)]
Sonoco Products Company (SON)
Last sonoco products company earnings: 4/16 06:45 am
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US:NYSE Investor Relations:
investor.sonoco.com/investor-relations-0
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Source: Financial Post
HARTSVILLE, S.C., Sept. 17, 2024 (GLOBE NEWSWIRE) — Sonoco Products Company (“Sonoco” or the “Company”) (NYSE: SON), a global leader in high-value sustainable packaging, today announced that it has priced an offering (the “Offering”) of senior unsecured notes in a combined aggregate principal amount of $1.8 billion (collectively, the “Notes”). The Notes will be issued in three tranches: $500 million in aggregate principal amount of 4.450% notes due 2026 $600 million in aggregate principal amount of 4.600% notes due 2029 $700 million in aggregate principal amount of 5.000% notes due 2034 Sonoco expects that the closing of the Offering will occur on September 19, 2024, subject to the satisfaction of customary closing conditions. Sonoco intends to use an amount equal to the net proceeds from the Offering, together with borrowings under its acquisition term loan facilities and, if needed, cash on hand or additional borrowings under its existing revolving credit facility, to f
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News
- Sonoco Products (NYSE: SON) is now covered by analysts at Truist Financial Co.. They set a "buy" rating and a $63.00 price target on the stock.MarketBeat
- High Demand for Passive Temperature-Controlled Packaging Solutions from Food Industry to Boost Sales | Future Market Insights, Inc. [Yahoo! Finance]Yahoo! Finance
- We Think You Can Look Beyond Sonoco Products' (NYSE:SON) Lackluster Earnings [Yahoo! Finance]Yahoo! Finance
- Sonoco Products (NYSE: SON) had its price target lowered by analysts at Robert W. Baird from $58.00 to $55.00. They now have a "neutral" rating on the stock.MarketBeat
- Broker Revenue Forecasts For Sonoco Products Company (NYSE:SON) Are Surging Higher [Yahoo! Finance]Yahoo! Finance
SON
Earnings
- 10/31/24 - Beat
SON
Sec Filings
- 11/5/24 - Form 4
- 11/5/24 - Form 4
- 11/5/24 - Form 4
- SON's page on the SEC website