O-I Glass Subsidiary, Paddock Enterprises, LLC, Receives Court Approval of Disclosure Statement and Solicitation Process
PERRYSBURG, Ohio, Feb. 17, 2022 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE Paddock Enterprises, LLC (“Paddock”), a wholly owned subsidiary of O-I Glass, Inc. (“O-I Glass”), today announced that it has received approval from the United States Bankruptcy Court for the District of Delaware (the “Court”) of its disclosure statement (“Disclosure Statement”) in connection with soliciting […]
Owens-Brockway Glass Container Inc. Commences Cash Tender Offer for Up To $250,000,000 Aggregate Purchase Price of Certain of its Outstanding Senior Notes
PERRYSBURG, Ohio, Feb. 10, 2022 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) (the “Company”), announced today that Owens-Brockway Glass Container Inc., a Delaware corporation and an indirect wholly owned subsidiary of the Company (“OB Glass”), has commenced an offer to purchase for cash (the “Tender Offer”) up to a maximum combined aggregate […]
O-I Glass Reports Full Year and Fourth Quarter 2021 Results
PERRYSBURG, Ohio, Feb. 01, 2022 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (“O-I”) (NYSE: OI) today reported financial results for the full year and fourth quarter ended December 31, 2021. Full Year 2021 Results “We are pleased with O-I’s full year 2021 results, which rebounded strongly following the onset of the pandemic. Business […]
O-I Glass Subsidiary Paddock Enterprises, LLC Files Chapter 11 Plan of Reorganization and Disclosure Statement
PERRYSBURG, Ohio, Jan. 12, 2022 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (“O-I Glass” or “O-I”) today announced that its wholly owned subsidiary, Paddock Enterprises, LLC (“Paddock”), has filed its Plan of Reorganization (the “Plan”) and related disclosure statement (“Disclosure Statement”) with the United States Bankruptcy Court for the District of Delaware (the […]
O-I Glass Announces Full Year and Fourth Quarter 2021 Earnings Conference Call and Webcast
PERRYSBURG, Ohio, Jan. 05, 2022 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) has scheduled its full year and fourth quarter 2021 conference call and webcast for Wednesday, February 2, 2022, at 8 a.m. EST. The Company’s news release for the full year and fourth quarter 2021 earnings will be issued after […]
O-I Glass Sells Cristar Tableware Business as Part of Its Ongoing Portfolio Optimization Program
PERRYSBURG, Ohio, Dec. 27, 2021 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI and “O-I”) today announced that a subsidiary of the company has entered into a definitive agreement to sell Cristar TableTop S.A.S. (“Cristar”) to Vidros Colombia S.A.S, an affiliate of Nadir Figueiredo S.A., a glass tableware producer based in Brazil. […]
O-I CEO and CFO to Present at The Citi’s 2021 Basic Materials Virtual Conference
PERRYSBURG, Ohio, Nov. 23, 2021 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: OI) today announced the Company will participate in The Citi’s 2021 Basic Materials Virtual Conference on Tuesday, November 30, 2021. O-I Chief Executive Officer Andres Lopez and Chief Financial Officer John Haudrich will present at 8:45 a.m. ET. A live […]
O-I Issues 2021 Green Bond Allocation Update
Green Bond Net Proceeds Fully Allocated to Qualifying Eligible Sustainable Projects Perrysburg, OH, Nov. 11, 2021 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (NYSE: O-I) today announced that it has fully allocated the net proceeds of the EUR 500 million 2.875% Senior Notes due 2025 issued by OI European Group B.V., a subsidiary […]
OI European Group B.V. Launches Private Offering of $400 Million of Senior Notes
PERRYSBURG, Ohio / SCHIEDAM, the Netherlands, Nov. 08, 2021 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (the “Company”) announced that OI European Group B.V. (“OI Europe”), an indirect wholly owned subsidiary of the Company, intends to offer, subject to market and other conditions, $400 million aggregate principal amount of its senior notes due 2030 (the […]
O-I Glass Reports Strong Third Quarter 2021 Results
PERRYSBURG, Ohio, Oct. 25, 2021 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE O-I Glass, Inc. (“O-I”) (NYSE: OI) today reported financial results for the third quarter ended September 30, 2021. “We are pleased with O-I’s third quarter business performance. Once again, we delivered on our commitments as performance exceeded the company’s guidance range, despite a […]
