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Berry Global Group Inc (BERY.N)

BERY.N on New York Stock Exchange

47.05USD
11 Dec 2019
Change (% chg)

$0.52 (+1.12%)
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Volume
128,930
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265,899
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$59.16
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Latest Key Developments (Source: Significant Developments)

Berry Global Group Reports Qtrly Earnings Per Share $0.10
Tuesday, 30 Jul 2019 

July 30 (Reuters) - Berry Global Group Inc ::BERRY GLOBAL GROUP, INC. REPORTS THIRD QUARTER 2019 RESULTS AND PROVIDES FISCAL YEAR 2020 GUIDANCE.Q3 SALES $1.94 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.03 BILLION.FISCAL YEAR 2020 FREE CASH FLOW GUIDANCE OF $800 MILLION.QTRLY NET SALES,$1,937 MILLION VERSUS $2,072 MILLION.QTRLY EARNINGS PER SHARE $0.10.FISCAL 2020 CAPITAL SPENDING AND CASH INTEREST COSTS ARE FORECASTED TO BE $600 MILLION AND $500 MILLION, RESPECTIVELY.Q3 EARNINGS PER SHARE VIEW $1.00 -- REFINITIV IBES DATA.EXPECT TO REALIZE APPROXIMATELY $150 MILLION OF ANNUAL COST SYNERGIES FROM RPC ACQUISITION IN 2019 & 2020.  Full Article

Berry Global Says Mexican Competition Authority Approves RPC Deal
Monday, 20 May 2019 

May 20 (Reuters) - Berry Global Group Inc ::UPDATE RE ANTITRUST CLEARANCES.MEXICAN COMPETITION AUTHORITY HAS GRANTED UNCONDITIONAL APPROVAL OF ACQUISITION.UPDATE ON ANTITRUST CLEARANCES IN RELATION TO PROPOSED ACQUISITION OF RPC.  Full Article

Berry Global Escrow Corp To Issue $1.25 Bln Of First Priority Senior Secured Notes Due 2026
Saturday, 18 May 2019 

May 17 (Reuters) - Berry Global Group Inc ::BERRY GLOBAL GROUP, INC. ANNOUNCES PRICING OF PRIVATE PLACEMENT NOTES OFFERING.BERRY GLOBAL GROUP - BERRY GLOBAL ESCROW CORPORATION WILL ISSUE $1.25 BILLION OF FIRST PRIORITY SENIOR SECURED NOTES DUE 2026.BERRY GLOBAL GROUP INC - BERRY GLOBAL ESCROW CORPORATION WILL ISSUE $500 MILLION OF SECOND PRIORITY SENIOR SECURED NOTES DUE 2027.BERRY GLOBAL - FIRST PRIORITY NOTES TO BEAR INTEREST AT A RATE OF 4.875% PAYABLE SEMIANNUALLY COMMENCING JAN 15, 2020 AND WILL MATURE ON JULY 15, 2026.BERRY GLOBAL - SECOND PRIORITY NOTES TO BEAR INTEREST AT A RATE OF 5.625% PAYABLE SEMIANNUALLY COMMENCING JAN 15, 2020 & WILL MATURE ON JULY 15, 2027.  Full Article

Berry Global Says South Africa's Competition Commission Grants Unconditional Approval Of Acquisition Of RPC
Thursday, 18 Apr 2019 

April 18 (Reuters) - Berry Global Group Inc ::UPDATE RE ANTITRUST CLEARANCES.BERRY BIDCO ANNOUNCES COMPETITION COMMISSION OF SOUTH AFRICA HAS GRANTED UNCONDITIONAL APPROVAL OF ACQUISITION OF RPC.  Full Article

Berry Global Says BofA To Join Bridge Credit Agreements As Lender
Thursday, 4 Apr 2019 

April 4 (Reuters) - Berry Global Group Inc ::UPDATE ON FINANCING ARRANGEMENTS ANNOUNCEMENT.BANK OF AMERICA N.A. WILL BE JOINING EACH OF AMENDED AND RESTATED BRIDGE CREDIT AGREEMENTS AS A LENDER.ALL TERMS AND CONDITIONS OF ACQUISITION REMAIN UNCHANGED.  Full Article

Berry Global Says All Terms & Conditions Of RPC Acquisition Remain Unchanged
Monday, 1 Apr 2019 

April 1 (Reuters) - Berry Global Group <>::UPDATE RE FINANCING ARRANGEMENTS.BERRY AND BERRY GLOBAL, INC. AS OF 29 MARCH 2019 AMENDED AND RESTATED EACH OF ORIGINAL CREDIT AGREEMENTS WITH GOLDMAN SACHS BANK USA.BERRY AND BERRY GLOBAL, INC. AS OF 29 MARCH 2019 AMENDED AND RESTATED EACH OF ORIGINAL CREDIT AGREEMENTS WITH BANKS .ALL TERMS AND CONDITIONS OF RPC ACQUISITION REMAIN UNCHANGED.  Full Article

RPC Group Agrees To Be Acquired By U.S.-Based Berry Global
Friday, 8 Mar 2019 

March 8 (Reuters) - RPC Group PLC ::STATEMENT REGARDING WITHDRAWAL OF RECOMMENDATION.RPC BOARD CONCLUDED THAT TERMS OF BERRY OFFER REPRESENT A SUPERIOR OFFER FOR RPC SHAREHOLDERS AS COMPARED WITH APOLLO OFFER.CONFIRMS IT HAS WITHDRAWN ITS RECOMMENDATION OF APOLLO OFFER AND THAT IT INTENDS UNANIMOUSLY TO RECOMMEND BERRY OFFER TO RPC SHAREHOLDERS.  Full Article

Berry Global Group Inc Reports First Quarter 2019 Results, Reaffirms 2019 Outlook
Friday, 1 Feb 2019 

Feb 1 (Reuters) - Berry Global Group Inc ::BERRY GLOBAL GROUP, INC. REPORTS FIRST QUARTER 2019 RESULTS; REAFFIRMS 2019 FISCAL YEAR GUIDANCE.Q1 SALES $2.0 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.93 BILLION.Q1 ADJUSTED EARNINGS PER SHARE $0.77.Q1 EARNINGS PER SHARE ESTIMATE $0.75 -- REFINITIV IBES DATA.REAFFIRMING FISCAL YEAR 2019 PROJECTED CASH FLOW FROM OPERATIONS OF $1.04 BILLION AND ADJUSTED FREE CASH FLOW OF $670 MILLION.FISCAL 2019 CAPITAL SPENDING AND CASH INTEREST COSTS ARE FORECASTED TO BE $350 MILLION AND $270 MILLION, RESPECTIVELY.  Full Article

Berry Global Group Considering Offer For UK's RPC Group Plc
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - BERRY GLOBAL GROUP :BERRY GLOBAL GROUP RPC GROUP PLC - STATEMENT RE POSSIBLE OFFER.BERRY GLOBAL GROUP SAYS CONSIDERING A POSSIBLE OFFER IN CASH FOR RPC AND HAS REQUESTED DUE DILIGENCE INFORMATION FROM RPC FOR THIS PURPOSE.  Full Article

Berry Global Group Reports Q4 Earnings Per Share $0.99
Thursday, 15 Nov 2018 

Nov 15 (Reuters) - Berry Global Group Inc ::BERRY GLOBAL GROUP, INC. REPORTS FOURTH QUARTER AND FISCAL YEAR 2018 RESULTS; PROVIDES 2019 FISCAL YEAR GUIDANCE.Q4 ADJUSTED EARNINGS PER SHARE $0.90.Q4 EARNINGS PER SHARE $0.99.Q4 SALES $2.1 BILLION VERSUS I/B/E/S VIEW $2.03 BILLION.Q4 EARNINGS PER SHARE VIEW $0.87 -- THOMSON REUTERS I/B/E/S.QTRLY ORGANIC SALES GROWTH UP 3 PERCENT.EXPECT FISCAL YEAR 2019 CASH FLOW FROM OPERATIONS OF $1.04 BILLION.EXPECT FISCAL YEAR 2019 ADJUSTED FREE CASH FLOW OF $670 MILLION.  Full Article

Berry Global seeks lower rates as investors fly to quality

NEW YORK, Oct 9 (LPC) - Plastics maker Berry Global is looking to take advantage of white-hot demand for better-rated leveraged loans and reduce pricing on approximately US$2.03bn in debt as global volatility rippling through the market is causing investors to seek safety in higher-quality assets.