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Berry Plastics Announces Proposed Offering Of Second Priority Senior Notes Of Berry Plastics Corporation

Stocks in this article: BERY

Berry Plastics Group, Inc. (NYSE: BERY “Berry Group”) announced today that Berry Plastics Corporation, its wholly owned subsidiary (the “Issuer”), intends to offer for sale in an underwritten public offering $500 million of second priority senior secured notes due 2022 (the “Notes”) pursuant to a shelf registration statement filed with the Securities and Exchange Commission (the “Commission”). The Issuer intends to use the net proceeds from the offering to fund its previously announced cash tender offer (the “Tender Offer”) and related consent solicitation for certain of its outstanding notes. The closing of the Tender Offer and related consent solicitation remain subject to the satisfaction of the terms and conditions of such Tender Offer.

The Notes will be offered pursuant to an effective shelf registration statement of Berry Group and the Issuer under the Securities Act of 1933, as amended. The Notes offering will be made solely by means of a separate prospectus supplement and accompanying prospectus. A copy of the preliminary prospectus supplement and accompanying prospectus relating to the Notes offering can be obtained from: Credit Suisse Securities (USA) LLC, Prospectus Department, One Madison Avenue, New York, NY 10010, email: newyork.prospecus@credit-suisse.com or phone: 1-800-221-1037 or Barclays Capital Inc., Attention: Prospectus Department, c/o Broadridge Financials Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, email: barclaysprospectus@broadridge.com or phone: 1-888-603-5847 or Wells Fargo Securities, LLC, Attention: Client Support, 550 South Tryon Street, 7 th Floor MAC D1086-070, Charlotte, NC 28202, email: cmclientsupport@wellsfargo.com or phone: 1-800-326-5897. Potential investors should first read the applicable prospectus supplement and accompanying prospectus, the registration statement and the other documents filed with the Commission in connection with the Notes offering. A copy of the prospectus supplement and accompanying base prospectus may also be obtained without charge by visiting the Commission’s website at www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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