CCL Industries Inc. completes US$600 million note offering

On June 1, 2020, CCL Industries Inc. completed a private placement offering of US$600 million aggregate principal amount 3.050 per cent notes due 2030. BofA Securities, Inc., MUFG Securities Americas Inc., Scotia Capital (USA) Inc. and BMO Capital Markets Corp. acted as joint book-running managers for the initial purchasers of the notes.

A global specialty packaging pioneer, CCL is the largest label company in the world and provides innovative solutions to the Home & Personal Care, Premium Food & Beverage, Healthcare & Specialty, Automotive & Durables and Consumer markets worldwide.

McMillan acted as Canadian counsel to CCL with a team that included Paul Collins and Kelly Kan (Capital Markets & Securities) and Eric Friedman.