Pestalozzi advised the Ardagh group on its USD 1.5 billion comprehensive Recapitalization Transaction

Ardagh Group is a global supplier of sustainable, infinitely recyclable, metal and glass packaging for brand owners around the world. Ardagh operates 58 metal and glass production facilities in 16 countries, employing approximately 19,000 people with sales of approximately $9.1 billion. 

Pestalozzi advised the Ardagh group on its $1.5 billion comprehensive Recapitalization Transaction on all aspects of Swiss law. The transaction consisted of the offering of $1.5 million (equivalent) aggregate principal amount of senior secured notes and the extension of its $0.5 billion global asset-based loan facility from 2027 to 2030, supported by a wide syndicate of lenders. The transaction was secured by various upstream guarantees as well as a comprehensive security package from various jursidictions, including Switzerland.

Pestalozzi Attorneys at Law Ltd.
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Geneva – Cours de Rive 13 | 1204 Geneva | Switzerland | T +41 22 999 96 00
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