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Avery Dennison Announces Final Results and Upsize of Cash Tender Offers for Its Senior Notes

Business Wire•13/11/2026•06:45 ET
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Key Highlights

  • ➤Avery Dennison upsized 5.750% 2033 notes accepted by $8.0 million.
  • ➤$288.261 million of 5.750% 2033 notes tendered; $233 million accepted.
  • ➤5.750% 2033 notes accepted at approximately 80.8676% proration.
  • ➤$69.395 million of 6.000% 2033 notes tendered; none accepted.
  • ➤Settlement expected November 16, 2026, with accrued interest paid.

Avery Dennison Announces Final Results and Upsize of Cash Tender Offers for Its Senior Notes

Avery Dennison Corporation (NYSE: AVY), a leading global materials science and digital identification solutions company, today announced the expiration and final results of its previously announced tender offers (the “Tender Offers”) to purchase for cash its debt securities referred to below (collectively, the “Notes,” and each a “Series”), in each case upon the terms and subject to the conditions set forth in the Offer to Purchase dated November 5, 2026 (the “Offer to Purchase”). In addition, as permitted by the Offer to Purchase, the company increased the principal amount of the 5.750% Senior Notes due 2033 accepted for purchase by $8.0 million, which is not more than 2% of the outstanding principal amount of such Series without amending or extending the Tender Offer with respect to such Series. Capitalized terms used but not defined in this press release have the meanings given to them in the Offer to Purchase.

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