Gibson Dunn Represented Mauser Packaging Solutions on $3.9 Billion Notes Exchange, $1 Billion Term Loan Financing, ABL Credit Facility Maturity Extension, and Cash Flow Revolver Maturity Extension
Firm News | December 3, 2025
Gibson Dunn represented Mauser Packaging Solutions in an exchange offer of $2.6 billion in aggregate principal amount of their outstanding 7.875% Senior First Lien Notes due 2027 for newly issued 7.875% Senior First Lien Notes due 2030 and $1.3 billion in aggregate principal amount of their outstanding 9.25% Senior Secured Second Lien Notes due 2027 for newly issued 9.25% Senior Secured Second Lien Notes due 2030.
Gibson Dunn also represented Mauser in connection with an amendment to its existing ABL Facility with Bank of America, N.A. as administrative agent that, among other changes, extends the maturity date of the revolving facility to January 14, 2030, and a refinancing under an amendment to its existing Cash Flow Credit Agreement with Bank of America, N.A. as global administrative agent and collateral agent and Bank of Montreal as revolver administrative agent that, among other changes, refinances and upsizes the existing term loan facility with a new $1 billion term loan facility maturing April 15, 2030 and extends the maturity date of the cash-flow revolver facility to January 14, 2030.
Our corporate team was led by partners Candice Choh and Daniela Stolman. Our capital markets team included partners Peter Wardle and Melanie Neary and associates Alexandria Johnson, Lauren Navarro, and Chad Kang. Partners Doug Horowitz and Melissa Barshop and associates Paul Rafla, Julia Sweitzer, Stephen Berg, and Kaylin Chavez Ervin advised on finance matters. Partner Dora Arash and associates Bree Gong and Eva Gao advised on tax matters.