Owens-Brockway Glass Container Inc, founded in 1983 and headquartered in Toledo, Ohio, is a leading manufacturer of glass containers for the beverage, food, and consumer products industries. The company specializes in producing a diverse range of glass packaging solutions, catering to major global brands and retailers.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| OI 5.38% 2025-01-15 USDOwens-Brockway Glass Container Inc | United States | 2025-01-15 | 5.375 | 0.00 |
| OI 5.38% 2025-01-15 USDOwens-Brockway Glass Container Inc | United States | 2025-01-15 | 5.375 | 0.00 |
| OI 6.38% 2025-08-15 USDOwens-Brockway Glass Container Inc | United States | 2025-08-15 | 6.375 | — |
| OI 6.38% 2025-08-15 USDOwens-Brockway Glass Container Inc | United States | 2025-08-15 | 6.375 | — |
| OI 6.63% 2027-05-13 USDOwens-Brockway Glass Container Inc | United States | 2027-05-13 | 6.625 | 6.57 |
| OI 6.63% 2027-05-13 USDOwens-Brockway Glass Container Inc | United States | 2027-05-13 | 6.625 | 6.64 |
| OI 7.25% 2031-05-15 USDOwens-Brockway Glass Container Inc | United States | 2031-05-15 | 7.250 | 6.82 |
| OI 7.25% 2031-05-15 USDOwens-Brockway Glass Container Inc | United States | 2031-05-15 | 7.250 | 6.88 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Owens-Brockway commenced its bond issuance strategy in the late 1990s to fund expansion projects and operational improvements. A noteworthy issuance occurred in 2020, where the company raised $400 million through a 10-year bond at a yield of 4.5%, which was competitive against industry standards at the time. The bonds come with a callable feature that allows the company to redeem them before maturity, providing flexibility in financial management. Recent reports indicate that Owens-Brockway is closely monitoring market conditions for potential refinancing opportunities, which could enhance its capital structure.