Berry Global Announces Consideration for and Upsizing of Tender Offer for 0.95% First Priority Senior Secured Notes due 2024

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Mar 28, 2023

Berry Global Group, Inc. (NYSE: BERY) (“Berry”), a leading supplier of packaging solutions for consumer goods and industrial products, announced today (i) the consideration payable as set forth in the table below in respect of the previously announced tender offer (the “Tender Offer”) by Berry Global, Inc. (the “Company”) to purchase for cash its outstanding 0.95% First Priority Senior Secured Notes due 2024 (the “Notes”), (ii) the amendment of the Tender Offer to increase the aggregate principal amount from $100,000,000 to $495,397,000 (as amended, the “Maximum Tender Amount”), (iii) that the Early Settlement Date (as defined below) is expected to be March 30, 2023, subject to all conditions to the Tender Offer having been satisfied or waived by the Company, and (iv) the extension of the final expiration time of the Tender Offer to 11:59 p.m., New York City time, on April 10, 2023 (as extended, the “Expiration Time”), unless earlier terminated.