CROWN HOLDINGS INC : Other Events (form 8-K)

CCK

Item 8.01. Other Events.

Crown European Holdings S.A. (the "2022 Note Issuer"), a wholly-owned subsidiary of Crown Holdings, Inc., a Pennsylvania corporation (the "Company"), has issued an unconditional notice of redemption to redeem all of the 2022 Note Issuer's outstanding 4% Senior Notes due 2022 (the "2022 Notes") with an initial aggregate principal amount outstanding of €650 million. The 2022 Notes will be redeemed on October 14, 2021 (the "Redemption Date") for a redemption price equal to 100% of the principal amount thereof, plus accrued and unpaid interest, if any, to the Redemption Date and a Make-Whole Premium (as defined in the indenture governing the 2022 Notes) to be calculated in accordance with paragraph 5 of the reverse side of the 2022 Notes at least two business days prior to the Redemption Date.

Crown Americas LLC and Crown Americas Capital Corp. IV (collectively, the "2023 Note Issuers"), each a wholly-owned subsidiary of the Company, have issued an unconditional notice of redemption to redeem all of the 2023 Note Issuers' outstanding 41/2% Senior Notes due 2023 (the "2023 Notes") with an initial aggregate principal amount outstanding of $1 billion. The 2023 Notes will be redeemed on the Redemption Date for a redemption price equal to 100% of the principal amount thereof, plus accrued and unpaid interest, if any, to the Redemption Date and a Make-Whole Premium (as defined in the indenture governing the 2023 Notes) to be calculated in accordance with paragraph 5 of the reverse side of the 2023 Notes at least two business days prior to the Redemption Date.

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