O-I launches $500 million senior notes offering
Proceeds will redeem its 6.625% Senior Notes due 2027.
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Glass bottle manufacturer
o-i.comLast updated
In short: O-I Glass launched a $500 million debt offering and reported mixed financial results, including a $73 million loss in the first quarter of 2026.
Proceeds will redeem its 6.625% Senior Notes due 2027.
Earnings release and presentation available; conference call on April 29.
It will outline its strategy to enhance shareholder value, maintain full-year guidance, but expects additional Q1 earnings pressure due to European headwinds.
Adjusted earnings nearly doubled to $1.60 per share, driven by Fit to Win benefits.
O-I Glass stock hits 52-week low at 7.93 USD...
O-I Glass manufactures glass containers for food and beverage makers across the Americas, Europe, and Asia Pacific.
O-I Glass Inc. (OI) reported first-quarter 2026 earnings per share (EPS) of $0.05, falling well short of the analyst consensus estimate of $0.177, a surprise...
O-I Glass subsidiary completes $500 million private notes offering...
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