O-I Glass subsidiary raises $500M through 9.500% senior notes due 2033

Filed May 18, 2026 · Period ending May 18, 2026 · ~1 min read

Key Changes

• high

  Owens-Brockway Glass Container, O-I Glass's wholly owned subsidiary, completed a $500 million private offering of senior notes with a 9.500% coupon maturing in 2033, significantly increasing debt obligations and annual interest expense through 2033.

  Item 1.01 verify on EDGAR →
• medium

  The notes are guaranteed jointly by parent Owens-Illinois Group and certain U.S. subsidiaries that also back the existing credit facility, extending debt liability across multiple corporate entities.

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• medium

  Notes were sold privately to institutional investors under Rule 144A and Regulation S, meaning they are not registered for public trading and have restricted liquidity.

  Item 1.01 verify on EDGAR →