Avery Dennison launches cash tender offers for up to $225 million in senior notes
AVY•Avery Dennison launched cash tender offers to buy up to $225 million of its senior notes due 2033. The offers expire November 12, 2026, and purchases are conditional on a reference Treasury yield of at least 4.75%, unless waived.
1. Tender offer terms
Avery Dennison launched cash tender offers to buy up to $225 million of its senior notes due 2033. The 5.75% notes have purchase priority over the 6% notes. The offers expire at 5 p.m. New York time on November 12, 2026, with settlement expected November 16; purchases are conditional on the reference Treasury yield reaching at least 4.75%, unless that condition is waived.
