O-I Glass Files 8-K on Financial Obligation
Ticker: OI · Form: 8-K · Filed: Oct 1, 2025 · CIK: 812074
| Field | Detail |
|---|---|
| Company | O-I Glass, Inc. /De/ (OI) |
| Form Type | 8-K |
| Filed Date | Oct 1, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $2.7 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, agreement, financial-obligation
TL;DR
O-I Glass just filed an 8-K about a new financial obligation. Details TBD.
AI Summary
On September 30, 2025, O-I Glass, Inc. entered into a Material Definitive Agreement related to a direct financial obligation. The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. Specific details regarding the agreement, financial obligations, and dollar amounts are not fully disclosed in this initial 8-K filing.
Why It Matters
This filing signals a new financial commitment or obligation for O-I Glass, which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — The creation of a new financial obligation can introduce financial risk if not managed effectively, but the lack of specific details prevents a higher risk assessment.
Key Players & Entities
- O-I Glass, Inc. (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
FAQ
What is the nature of the Material Definitive Agreement entered into by O-I Glass, Inc. on September 30, 2025?
The filing indicates the entry into a Material Definitive Agreement that results in the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. Specific details of the agreement are not provided in this initial filing.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is September 30, 2025.
What is O-I Glass, Inc.'s state of incorporation?
O-I Glass, Inc. is incorporated in Delaware.
What is the Commission File Number for O-I Glass, Inc.?
The Commission File Number for O-I Glass, Inc. is 1-9576.
What are the primary items disclosed in this 8-K filing?
This 8-K filing primarily concerns the entry into a Material Definitive Agreement and the creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant, along with Financial Statements and Exhibits.
Filing Stats: 1,244 words · 5 min read · ~4 pages · Grade level 12.4 · Accepted 2025-10-01 06:51:06
Key Financial Figures
- $2.7 billion — The Credit Agreement provides for up to $2.7 billion of borrowings pursuant to term loans A,
Filing Documents
- tm2527456d1_8k.htm (8-K) — 36KB
- tm2527456d1_ex4-1.htm (EX-4.1) — 1450KB
- tm2527456d1img01.jpg (GRAPHIC) — 3KB
- 0001104659-25-095287.txt ( ) — 1983KB
- oi-20250930.xsd (EX-101.SCH) — 3KB
- oi-20250930_lab.xml (EX-101.LAB) — 33KB
- oi-20250930_pre.xml (EX-101.PRE) — 22KB
- tm2527456d1_8k_htm.xml (XML) — 3KB
01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT. On September 30, 2025, Owens-Illinois Group, Inc. ("OI Group"), a direct, wholly owned subsidiary of O-I Glass, Inc. (the "Company") entered into an Amended and Restated Credit Agreement and Syndicated Facility Agreement with Wells Fargo Bank, National Association, as Administrative Agent, Owens-Illinois General Inc., as Borrowers' Agent, and the other Agents, Arrangers and Lenders named therein (the "Credit Agreement"). The Credit Agreement refinances in full OI Group's Credit Agreement and Syndicated Facility Agreement, dated March 22, 2022 (as amended by Amendment No. 1 to Credit Agreement and Syndicated Facility Agreement dated August 30, 2022, the "Prior Credit Agreement"). The Credit Agreement provides for up to $2.7 billion of borrowings pursuant to term loans A, term loans B and a revolving credit facility. The term loans A mature, and the revolving credit facility terminates, in September 2030, and the term loans B mature in September 2032; provided, however, that if any of the senior notes issued by certain subsidiaries of the Company are outstanding on the date that is 91 days prior to the maturity date for such senior notes (any such date, a "Springing Maturity Date"), then the term loans A, the revolving credit facility and the term loans B will mature and terminate, as applicable, on such Springing Maturity Date. Borrowings under the Credit Agreement are secured by certain collateral of OI Group and certain of its subsidiaries. The proceeds from the borrowings under the Credit Agreement at closing were used to refinance indebtedness under the Prior Credit Agreement and to pay transaction fees and expenses. The Credit Agreement contains various covenants that restrict, among other things and subject to certain exceptions, the ability of OI Group and its subsidiaries to incur certain liens, make certain investments, become liable under contingent obligations in certain defined instances only, make
01. FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits. Exhibit No. Description 4.1* Amended and Restated Credit Agreement and Syndicated Facility Agreement, dated September 30, 2025, by and among the Borrowers named therein, Owens-Illinois General Inc., as Borrowers' Agent, Wells Fargo Bank, National Association , as Administrative Agent, and the other Agents, Arrangers and Lenders named therein. 104 Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101) *Certain schedules and exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. O-I GLASS, INC. Date: October 1, 2025 By: /s/ John A. Haudrich Name: John A. Haudrich Title: Senior Vice President and Chief Financial Officer