Sealed Air Launches Senior Note Offering; Proceeds Will Be Used for Tender Offer

Sealed Air Launches Senior Note Offering; Proceeds Will Be Used for Tender Offer
Sealed Air Launches Senior Note Offering; Proceeds Will Be Used for Tender Offer

Sealed Air Corporation is one of the world’s leaders in the conception, the production and the marketing of systems and materials of packaging for the protection, the presentation and the conditioning of foodstuffs, industrial and big consumer. Net sales break down by family of products as follows: – food packaging (57.6%): thermal bags, containers, food blotting paper, shrink films, etc. sold in particular under the brand Cryovac. The group also provides packaging for medical products and for materials of specialities; – packaging systems of protection (42.4%): inflatable packaging systems, packaging systems by foam injection, systems of paper setting, systems depreciation shocks by bubble wrap, envelopes of protection, etc. At the end of 2020, the group had 106 production sites worldwide. Net sales break down geographically as follows: North America (59.7%), Europe/Middle East/Africa (21.1%), Asia/Australia/New Zealand (15%) and South America (4.2%).

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Source: https://www.marketscreener.com/quote/stock/SEALED-AIR-CORPORATION-14348/news/Sealed-Air-Launches-Senior-Note-Offering-Proceeds-Will-Be-Used-for-Tender-Offer-45274443/

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