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October 08, 2015 11:35 PM ET

Containers and Packaging

Company Overview of Berry Plastics Corporation

Company Overview

Berry Plastics Corporation manufactures and markets plastic packaging products, plastic film products, specialty adhesives, and coated products. The company offers containers; foodservice items, including drink cups, and institutional catering and cutlery products; and home and party products, such as plates, bowls, pitchers, tumblers, and outdoor flowerpots, as well as plastic garden products. It also provides closures and over caps, bottles and prescription containers, and tubes. In addition, the company offers agricultural films, institutional can liners, stretch films, shrink films, barrier and sealant films, engineered films, personal care films, printed products, and polyvinyl chloride...

101 Oakley Street

Evansville, IN 47710

United States

Founded in 1967

16,000 Employees





Key Executives for Berry Plastics Corporation

Chairman, Chief Executive Officer, Member of Executive Committee, Chairman of Berry Plastics Group Inc and Chief Executive Officer of Berry Plastics Group Inc
Age: 59
President, Chief Operating Officer and President of Berry Plastics Group Inc
Age: 59
President of Engineered Materials Division
Age: 52
President of Rigid Closed Top Division
Age: 49
Vice President of Communications
Compensation as of Fiscal Year 2015.

Berry Plastics Corporation Key Developments

Berry Plastics Corporation Presents at Deutsche Bank Leveraged Finance Conference 2015, Sep-30-2015 10:00 AM

Berry Plastics Corporation Presents at Deutsche Bank Leveraged Finance Conference 2015, Sep-30-2015 10:00 AM. Venue: Phoenician, Scottsdale, Arizona, United States.

Berry Plastics Corporation Announces Completion of Tender Offer for its Outstanding 9.75 Percent Second Priority Senior Secured Notes Due 2021

Berry Plastics Corporation has completed its tender offer to purchase any and all of its outstanding 9.75% Second Priority Senior Secured Notes due 2021 issued under an indenture dated as of November 19, 2010. The tender offer expired on June 18, 2015. No additional Notes were tendered after the expiration of the consent payment deadline on June 4, 2015, at 5:00 p.m., New York City time and before the Expiration Date. The issuer received tenders from holders of $503,186,000 aggregate principal amount of Notes, representing 62.90% of the then outstanding Notes. On June 5, 2015, the issuer accepted for early payment the Notes tendered prior to the consent date.

Berry Plastics Corporation Announces Closing of its Notes Offering and Receipt of Required Consents in Connection with Tender Offer and Consent Solicitation for Outstanding 9.75% Second Priority Senior Secured Notes Due 2021

Berry Plastics Group Inc. announced that Berry Plastics Corporation, issued $700,000,000 in aggregate principal amount of 5.125% Second Priority Senior Secured Notes due 2023 pursuant to an indenture, dated as of June 5, 2015, by and among the Issuer, the guarantors named therein and U.S. Bank National Association, as trustee. In addition, pursuant to a previously announced cash tender offer and consent solicitation by the Issuer, with respect to any and all of the Issuer’s outstanding 9.75% Second Priority Senior Secured Notes due 2021 issued under an indenture dated as of November 19, 2010, approximately 63% of the outstanding Notes had been tendered as of 5 p.m., New York City time, on June 4, 2015, the expiration of the consent payment deadline. The consents received exceeded the number needed to approve the proposed amendments to the Indenture and the Issuer has elected to exercise its right to accept for early payment all of the Notes validly tendered prior to the Consent Date. Each of the holders who validly tendered its Notes and delivered consents prior to the Consent Date will receive the total consideration of $1,102.50, which includes $1,072.50 as the tender offer consideration and $30.00 as a consent payment. In addition, accrued interest up to, but not including, the applicable payment date of the Notes will be paid in cash on all validly tendered and accepted Notes. The Issuer currently expects these payments will be made on June 5, 2015. The complete terms and conditions of the tender offer and consent solicitation for the Notes are detailed in the Offer to Purchase and Consent Solicitation Statement dated May 21, 2015 and the related Consent and Letter of Transmittal.

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