Crown Holdings, Inc. (NYSE: CCK) announced today that it has priced its offering of €550 million principal amount of 0.75% senior unsecured notes due 2023 issued at par by its subsidiary Crown European Holdings S.A.

The notes will be unconditionally guaranteed by Crown and certain of its subsidiaries.

Crown intends to use the net proceeds from the offering, together with cash on hand, to repay certain existing term loan indebtedness under Crown's credit agreement and pay related fees and expenses.

About Crown Holdings, Inc.

Crown Holdings, Inc., through its subsidiaries, is a leading global supplier of rigid packaging products to consumer marketing companies, as well as transit and protective packaging products, equipment and services to a broad range of end markets. World headquarters are located in Yardley, Pennsylvania.