Smurfit Westrock Announces that one of its subsidiaries, WRKCo Inc., Makes Application to Cease to be a Reporting Issuer in Certain Canadian Jurisdictions
2024年8月20日 - 4:00AM
ビジネスワイヤ(英語)
Smurfit Westrock plc announces that one of its indirect wholly
owned subsidiaries, WRKCo Inc. (“WRKCo”), has applied to the
Autorité des marchés financiers (the “AMF”), as WRKCo’s
principal securities regulator in Canada, for a decision that it
has ceased to be a reporting issuer (the “Order Sought”) in
Québec, Manitoba and British Columbia (the “Canadian
Jurisdictions”).
WRKCo has eight series of outstanding notes, consisting of an
aggregate principal amount of US$600 million 3.750% Senior Notes
due 2025, an aggregate principal amount of US$750 million 4.650%
Senior Notes due 2026, an aggregate principal amount of US$500
million 3.375% Senior Notes due 2027, an aggregate principal amount
of US$600 million 4.000% Senior Notes due 2028, an aggregate
principal amount of US$500 million 3.900% Senior Notes due 2028, an
aggregate principal amount of US$750 million 4.900% Senior Notes
due 2029, an aggregate principal amount of US$500 million 4.200%
Senior Notes due 2032 and an aggregate principal amount of US$600
million 3.000% Senior Notes due 2033 (collectively, the
“Notes”), which are guaranteed by Smurfit Westrock and
certain of its other subsidiaries.
If the Order Sought is granted by the AMF, WRKCo will cease to
be a reporting issuer in the Canadian Jurisdictions and, as a
result, will no longer be subject to continuous disclosure
requirements under Canadian securities legislation.
The Notes may be subject to resale restrictions under applicable
Canadian securities legislation. Holders of Notes residing in
Canada are advised to seek Canadian legal advice prior to any
resale of the Notes.
WRKCo will continue to deliver to Canadian resident Note holders
disclosure that it would be required to deliver to United States
resident Note holders under United States securities law, if
any.
This press release is being issued pursuant to certain Canadian
regulatory requirements.
Forward-Looking Statements
This news release contains forward-looking information that
involves risks and uncertainties, including relating to the
possible granting of the Order Sought by the AMF and the
applicability of resale restrictions to the Notes. Actual future
results, including whether the Order Sought will be granted, could
vary from those expressed or implied by the forward-looking
information in this news release, and depend on regulatory
developments, including actions taken by the AMF and/or other
regulatory bodies. This forward-looking information is given as of
the date of this news release and, other than as required by
applicable securities laws, Smurfit Westrock and WRKCo do not
assume any obligation to update or revise it to reflect new events
or circumstances. The forward-looking information contained in this
release is expressly qualified by this cautionary statement.
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version on businesswire.com: https://www.businesswire.com/news/home/20240819805561/en/
Ciarán Potts Smurfit Westrock T: +353 1 202 71 27 E:
ir@smurfitwestrock.com
Smurfit WestRock (NYSE:SW)
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から 10 2024 まで 11 2024
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