Coveris Successfully Completes Term Loan Extension

CHICAGO--()--Coveris Holdings S.A. (the “Company”), a portfolio company of funds advised by Sun Capital Partners, Inc., announced today the recent closing of an extension of the maturity (the “Amend & Extend”) of its existing $938.4 million (equivalent) senior secured term loans (the “Term Loan”) to June 2022 and certain other amendments to the credit agreement documenting the Term Loan.

“We continue to demonstrate financial strength by improving the Company’s capital structure so we can focus on improving our business and supporting our customers, vendors and employees.”

“We are pleased with the successful completion of our term loan extension,” said Mike Alger, Chief Financial Officer. “We continue to demonstrate financial strength by improving the Company’s capital structure so we can focus on improving our business and supporting our customers, vendors and employees.”

ABOUT COVERIS

As a leading international manufacturing company, Coveris is dedicated to providing solutions that enhance the safety, quality and convenience of products we use every day. In partnership with the most respected brands in the world, Coveris develops vital products that protect everything from the food we eat, to medical supplies, to the touch screen device in our pockets, contributing to the lives of millions every day. Coveris is an affiliated portfolio company of Sun Capital Partners, Inc.

Contacts

Coveris Holdings S.A.
Media Contact:
Christopher Swalm, 864-504-6145
Mobile: 864-415-8123
Corporate Marketing Communications Manager
chris.swalm@coveris.com
or
Investor Contact:
Duane A Owens, 864-641-4710
Mobile: 864-979-8593
Treasurer and Director of Investor Relations
duane.owens@coveris.com
www.coveris.com

Recent Stories

RSS feed for Coveris Holdings S.A.