Berry Global Announces Early Tender Results of Tender Offer for Certain Outstanding 4.875% First Priority Senior Secured Notes Due 2026

Berry Global Group, Inc. (NYSE: BERY) (“Berry”), a leading supplier of packaging solutions for consumer goods and industrial products, announced today the early tender results in respect of the previously announced tender offer (the “Tender Offer”) by Berry Global, Inc., its wholly owned subsidiary (the “Company”) to purchase for cash its outstanding 4.875% First Priority Senior Secured Notes due 2026 (the “Notes”).

Early Tender Results

As of 5:00 p.m., New York City time, on May 24, 2024 (such time and date, the “Early Tender Time”), according to information provided by Global Bondholder Services Corporation, the depository and information agent for the Tender Offer, the aggregate principal amount of the Notes set forth in the table below under “Principal Amount Tendered at Early Tender Time” had been validly tendered in the Tender Offer. Withdrawal rights for the Notes expired at 5:00 p.m., New York City Time, on May 24, 2024.

Title of Security	CUSIP Nos.	ISINs	Principal Amount Outstanding	Maximum Tender Amount	Principal Amount Tendered as of May 24, 2024	U.S. Treasury Reference Security	Bloomberg Reference Page	Fixed Spread	Early Tender Premium(1)(2)
4.875% First Priority Senior Secured Notes due 2026	085770 AA3 U0740VAA1	US085770AA31 USU0740VAA18	$1,250,000,000	$500,000,000	$935,554,000	4.875% U.S. Treasury due April 30, 2026	FIT1	+60bps	$30

(1)	Per $1,000 principal amount.
(2)	The Early Tender Consideration for Notes validly tendered prior to or at the Early Tender Time (as defined below) and accepted for purchase is calculated using the Fixed Spread (as defined below) and is inclusive of the Early Tender Premium.