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SMURFIT WESTROCK USD 10.1YR CRP BBB FIXED RATE SYNDICATED YANKEE BOND MARKET PLACEMENT (USG8267WAA11)

Post Date: 22 November 2024
Smurfit WestRock PLC has priced a syndicated USD denominated Yankee market bond which matures in 2035. 

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Issuer Details
Issuer Smurfit WestRock PLC
LEI 635400EGSEOPDW2EXS14
Industry Paper Packaging
Country Ireland
Issuer Description WestRock Company manufactures and sells paper and packaging solutions for the consumer and corrugated markets in North America, South America, Europe, and the Asia Pacific. The company’s Corrugated Packaging segment produces containerboards, corrugated sheets, corrugated packaging, and preprinted linerboards for consumer and industrial products manufacturers, and corrugated box manufacturers. It also provides structural and graphic design, engineering services, and automated packaging machines; and operates recycling facilities that collect, sort, grade, and bale recovered paper. The company’s Consumer Packaging segment manufactures and sells folding and beverage cartons that are used to package food, paper, beverages, dairy products, tobacco, confectionery, health and beauty, other household consumer, and commercial and industrial products; and express mail packages for the overnight courier industry. It also offers inserts and labels, as well as rigid packaging and other printed packaging products; and secondary packages and paperboard packaging for the healthcare market. In addition, this segment manufactures and sells solid fiber and corrugated partitions, and die-cut paperboard components; temporary and permanent displays; and lithographic laminated packaging products, as well as provides contract packing services. WestRock Company is based in Atlanta, Georgia.
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Trade Details
Security Type Bond
Amount USD [Login to see full details]
Total Amount including taps USD [Login to see full details]
Total Amount Outstanding USD [Login to see full details]
Total Order Book USD [Login to see full details]
Structure Fixed Rate
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It came at a spread of [Login to see full details] in the Yankee bond market.
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A Yankee bond is an USD-denominated bond issued by a non-USA entity in the USA Foreign Bond market.

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