Packaging Corp of America Files 8-K on New Financial Obligation

TL;DR

PKG just took on a new debt, details TBD.

AI Summary

On August 11, 2025, Packaging Corporation of America (PKG) filed an 8-K report detailing a new direct financial obligation. The filing indicates the creation of a financial obligation, though specific details regarding the amount, terms, or counterparty are not provided in this excerpt.

Why It Matters

This filing signals a new debt or financial commitment for Packaging Corporation of America, which could impact its financial leverage and future investment capacity.

Risk Assessment

Risk Level: medium — The creation of a new financial obligation introduces potential leverage and interest rate risks that warrant further investigation into the specifics of the debt.

Key Players & Entities

• Packaging Corporation of America (company) — Registrant
• August 11, 2025 (date) — Date of earliest event reported
• 1-15399 (other) — Commission File Number
• 36-4277050 (other) — IRS Employer Identification No.
• 1 N. Field Court, Lake Forest, Illinois 60045 (address) — Principal Executive Offices
• (847) 482-3000 (phone_number) — Registrant's Telephone Number

FAQ

From the Filing

0001193125-25-181330.txt : 20250815 0001193125-25-181330.hdr.sgml : 20250815 20250815082714 ACCESSION NUMBER: 0001193125-25-181330 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20250811 ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250815 DATE AS OF CHANGE: 20250815 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PACKAGING CORP OF AMERICA CENTRAL INDEX KEY: 0000075677 STANDARD INDUSTRIAL CLASSIFICATION: PAPERBOARD CONTAINERS & BOXES [2650] ORGANIZATION NAME: 04 Manufacturing EIN: 364277050 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15399 FILM NUMBER: 251222484 BUSINESS ADDRESS: STREET 1: 1 NORTH FIELD CT CITY: LAKE FOREST STATE: IL ZIP: 60045 BUSINESS PHONE: 8474823000 MAIL ADDRESS: STREET 1: 1 NORTH FIELD CT CITY: LAKE FOREST STATE: IL ZIP: 60045 8-K 1 d42733d8k.htm 8-K 8-K PACKAGING CORP OF AMERICA false 0000075677 0000075677 2025-08-11 2025-08-11     UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): August 11, 2025     Packaging Corporation of America (Exact name of registrant as specified in its charter)       Delaware   1-15399   36-4277050 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)   1 N. Field Court , Lake Forest , Illinois 60045 (Address of Principal Executive Offices, including Zip Code) (847) 482-3000 (Registrant’s Telephone Number, Including Area Code)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrants under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b))   ☐ Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4 (c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Securities registered pursuant to Section 12(b) of the Exchange Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock   PKG   New York Stock Exchange       Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Packaging Corporation of America (the “Company”) expects that it will close the issuance and sale of the Notes (defined below) on August 15, 2025. The information under Item 8.01 is incorporated herein by reference.   Item 8.01. Other Events. On August 11, 2025, the Company priced an offering of $500 million aggregate principal amount of its 5.200% Senior Notes due 2035 (the “Notes”). In connection with the offering, the Company entered into an underwriting agreement (the “Underwriting Agreemen