Thursday 01 June 2017 by FIIG Research Company factsheets

Owens-Brockway Glass Container Inc USD700m 5.875% 15 August 2023 senior unsecured bond factsheet

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Owens-Brockway Glass Container Inc USD700m 5.875% 15 August 2023 senior unsecured bond

Owens-Brockway Glass Container Inc is an indirect, wholly owned subsidiary of Owens-Illinois Group Inc (OI Group).

As at 31 December 2016, OI Group is the largest manufacturer of glass containers in the world with 79 glass manufacturing plants, 159 furnaces, and 44 forming machines across 23 countries. It competes in the glass container segment of the rigid packaging market and is the leading glass container manufacturer in most of the countries where it has manufacturing facilities. The company has four reportable segments based on geographic location: Europe, North America, Latin America and Asia Pacific.

The company produces glass containers for alcoholic beverages, including beer, flavoured malt beverages, spirits and wine. The company also produces glass packaging for a variety of food items, soft drinks, teas, juices and pharmaceuticals. The company manufactures glass containers in a wide range of sizes, shapes and colours and is active in new product development and glass container innovation.

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