Sonoco Completes Sale of Senior Notes
“We are very pleased with the solid execution and favorable interest rate for this bond offering, reflecting strong support received from fixed income investors,” said
“Sonoco has been aggressive in taking actions to protect the health and safety of our associates, support our customers and help our communities around the world during this challenging time,” Albrecht said. “This action further enhances our financial flexibility to supply the critical food, medical, industrial and specialty packaging needs of our customers and of consumers. With a liquidity position that includes cash and available credit capacity in excess of
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Forward-looking Statements
Certain statements in this press release other than purely historical information, including estimates, projections, statements relating to our business plans, financial health and flexibility, including liquidity, objectives and expected operating results, and the assumptions upon which those statements are based, are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). These statements are not guarantees of future performance and are subject to certain risks, uncertainties and assumptions that are difficult to predict, particularly in light of the impact of the ongoing COVID-19 pandemic. Therefore, actual results may differ materially from those expressed or forecasted in such forward-looking statements. A detailed discussion of risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements has been included in the section entitled “Risk Factors” in the prospectus supplement and in our Annual Report on Form 10-K for the year ended
Contact:Roger Schrum +843-339-6018 roger.schrum@sonoco.com
Source: Sonoco Products Company