Ardagh Group Update on Transaction Support Agreement Accessions

Ardagh has obtained the support of approximately 99% of holders of its SSNs and SUNs, and approximately 82% of holders of its PIK Notes

LUXEMBOURG, Aug. 13, 2025 /PRNewswire/ -- Ardagh Group S.A. (the "Company" or "Ardagh") is pleased to announce that, as of August 13, 2025, holders of approximately 99% of the senior secured notes (the "SSNs") issued by Ardagh Packaging Finance PLC and Ardagh Holdings USA Inc., approximately 99% of the senior unsecured notes issued by Ardagh Packaging Finance PLC and Ardagh Holdings USA Inc. (the "SUNs") and approximately 82% of the senior secured toggle notes due 2027 issued by ARD Finance S.A. (the "PIK Notes"), have entered into the transaction support agreement dated July 28, 2025, between, among others, the Company and certain holders of SSNs, SUNs and PIK Notes (the "TSA").

The Company notifies holders of SSNs, SUNs and PIK Notes that the Early Consent Time has now lapsed. Holders of SSNs, SUNs and PIK Notes who wish to access further information relating to the Agreed Recapitalization Transaction and accede to the TSA should contact Kroll Issuer Services Limited, the exchange and tabulation agent, via email at [email protected].

Ardagh Group is a global supplier of infinitely recyclable metal and glass packaging for brand owners around the world. Ardagh operates 58 metal and glass production facilities in 16 countries, employing approximately 19,000 people with sales of approximately $9.1 billion in 2024.

Disclaimer

This release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of securities referred to in this announcement, in any jurisdiction, including the United States, in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Securities may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933, or an exemption from registration.

This release may contain "forward-looking" information. The forward-looking information is based upon certain assumptions about future events or conditions and is intended to illustrate hypothetical results under those conditions. Actual events or conditions are unlikely to be consistent with and may materially differ from those assumed. Any views or opinions expressed in this release (including statements or forecasts) constitute the judgement of the Company as of the date of this material and are subject to change without notice. You are cautioned not to place undue reliance on any forward-looking information.

Any projections or forecasts in this release are illustrative only and have been based on the estimates and assumptions when the Company's business plan was prepared. Such estimates and assumptions may or may not prove to be correct. These projections do not constitute a forecast or prediction of actual results and there can be no assurance that the projected results will actually be realized or achieved. Actual results may depend on future events which are not in the Company's control and may be materially affected by unforeseen economic or other circumstances.

Contacts:

Media:
Pat Walsh, Murray Consultants
Tel.: +353 1 498 0300 / +353 87 2269345
Email: [email protected] 

Conor McClafferty, FGS Global
Email: [email protected]

Investors:
Email: [email protected] 

SOURCE Ardagh Group S.A.