EX-22 40 tm2123173d2_ex22.htm EXHIBIT 22

 

EXHIBIT 22

Guaranteed Securities

 

The following securities (collectively, the “Berry Global Senior Secured Notes”) issued by Berry Global, Inc., a Delaware corporation and wholly-owned subsidiary of Berry Global Group, Inc., a Delaware corporation (the “Company”), were outstanding as of July 3, 2021.

 

Description of Notes
0.95% First Priority Senior Secured Notes due 2024
1.00% First Priority Senior Secured Notes due 2025
4.875% First Priority Senior Secured Notes due 2026
1.57% First Priority Senior Secured Notes due 2026
1.50% First Priority Senior Secured Notes due 2027
1.65% First Priority Senior Secured Notes due 2027
5.125% Second Priority Senior Secured Notes due 2023
4.500% Second Priority Senior Secured Notes due 2026
5.625% Second Priority Senior Secured Notes due 2027

 

Obligors

 

As of July 3, 2021, the obligors under the Berry Global Senior Secured Notes consisted of the Company, as a guarantor, and its subsidiaries listed in the following table:

 

Name Jurisdiction Obligor Type
AeroCon, LLC Delaware Guarantor
AVINTIV Acquisition Corporation Delaware Guarantor
AVINTIV Inc. Delaware Guarantor
AVINTIV Specialty Materials Inc. Delaware Guarantor
Berry Film Products Acquisition Company, Inc. Delaware Guarantor
Berry Film Products Company, Inc. Delaware Guarantor
Berry Global Films, LLC Delaware Guarantor
Berry Global, Inc. Delaware Issuer
Berry Plastics Acquisition Corporation V Delaware Guarantor
Berry Plastics Acquisition Corporation XII Delaware Guarantor
Berry Plastics Acquisition Corporation XIII Delaware Guarantor
Berry Plastics Acquisition LLC X Delaware Guarantor
Berry Plastics Design, LLC Delaware Guarantor
Berry Plastics Filmco, Inc. Delaware Guarantor
Berry Plastics IK, LLC Delaware Guarantor
Berry Plastics Opco, Inc. Delaware Guarantor
Berry Plastics SP, Inc. Delaware Guarantor
Berry Plastics Technical Services, Inc. Delaware Guarantor
Berry Specialty Tapes, LLC Delaware Guarantor
Berry Sterling Corporation Delaware Guarantor
BPRex Brazil Holding Inc. Delaware Guarantor
BPRex Closure Systems, LLC Delaware Guarantor
BPRex Closures Kentucky Inc. Delaware Guarantor
BPRex Closures, LLC Delaware Guarantor
BPRex Delta Inc. Delaware Guarantor
BPRex Healthcare Brookville Inc. Delaware Guarantor
BPRex Healthcare Packaging Inc. Delaware Guarantor
BPRex Plastic Packaging Inc. Delaware Guarantor
BPRex Plastics Services Company Inc. Delaware Guarantor
BPRex Product Design and Engineering Inc. Minnesota Guarantor

 

 

 

 

     
BPRex Specialty Products Puerto Rico Inc. New Jersey Guarantor
Caplas LLC Delaware Guarantor
Caplas Neptune, LLC Delaware Guarantor
Captive Plastics Holdings, LLC Delaware Guarantor
Captive Plastics, LLC Delaware Guarantor
Cardinal Packaging, Inc. Delaware Guarantor
Chicopee, Inc. Delaware Guarantor
Chocksett Road Limited Partnership Massachusetts Guarantor
Chocksett Road Realty Trust Massachusetts Guarantor
Covalence Specialty Adhesives LLC Delaware Guarantor
Covalence Specialty Coatings LLC Delaware Guarantor
CPI Holding Corporation Delaware Guarantor
Dominion Textile (USA), L.L.C. Delaware Guarantor
Dumpling Rock, LLC Massachusetts Guarantor
Estero Porch, LLC Delaware Guarantor
Fabrene, L.L.C. Delaware Guarantor
Fiberweb GEOS, Inc. Virginia Guarantor
Fiberweb, LLC Delaware Guarantor
Global Closure Systems America 1, Inc. Delaware Guarantor
Grafco Industries Limited Partnership Maryland Guarantor
Kerr Group, LLC Delaware Guarantor
Knight Plastics, LLC Delaware Guarantor
Laddawn, Inc. Massachusetts Guarantor
Lamb’s Grove, LLC Delaware Guarantor
Letica Corporation Michigan Guarantor
Letica Resources, Inc. Michigan Guarantor
M&H Plastics, Inc. Virginia Guarantor
Millham, LLC Delaware Guarantor
Old Hickory Steamworks, LLC Delaware Guarantor
Packerware, LLC Delaware Guarantor
Pescor, Inc. Delaware Guarantor
PGI Europe, Inc. Delaware Guarantor
PGI Polymer, Inc. Delaware Guarantor
Pliant International, LLC Delaware Guarantor
Pliant, LLC Delaware Guarantor
Poly-Seal, LLC Delaware Guarantor
Pristine Brands, LLC Delaware Guarantor
Providencia USA, Inc. North Carolina Guarantor
Rollpak Corporation Delaware Guarantor
RPC Bramlage, Inc. Pennsylvania Guarantor
RPC Leopard Holdings, Inc. Delaware Guarantor
RPC Packaging Holdings (US), Inc. Delaware Guarantor
RPC Promens Inc. Delaware Guarantor
RPC Superfos US, Inc. Delaware Guarantor
RPC Zeller Plastik Libertyville, Inc. Delaware Guarantor
Saffron Acquisition, LLC Delaware Guarantor
Setco, LLC Delaware Guarantor
Sugden, LLC Delaware Guarantor
Sun Coast Industries, LLC Delaware Guarantor
Uniplast Holdings, LLC Delaware Guarantor
Uniplast U.S., Inc. Delaware Guarantor
Venture Packaging Midwest, Inc. Delaware Guarantor
Venture Packaging, Inc. Delaware Guarantor

 

 

 

 

Pledged Security Collateral

 

As of July 3, 2021, the obligations under the Berry Global Senior Secured Notes were secured by pledges of the capital stock of the following affiliates of the Company:

 

Name Country State Owned by

Percentage of

Outstanding Shares/

Membership/

Partnership Interests

Percentage

of Owned

Interests

Pledged

AEP Canada Inc. Canada   Berry Global Films, LLC 100.00% 65%
AEP Industries Finance Inc. USA DE Berry Global Films, LLC 100.00% 100%
AeroCon, LLC USA DE Berry Global, Inc. 100.00% 100%
Aspen Industrial S.A. de C.V. Mexico  

Pliant, LLC and Pliant Corporation International

(1 share)

 100.00% 65%
AVINTIV  Inc. USA DE Berry Global, Inc. 100.00% 100%
AVINTIV Acquisition Corporation USA DE AVINTIV  Inc. 100.00% 100%
AVINTIV Specialty Materials, Inc. USA DE AVINTIV Acquisition Corporation 100.00% 100%
Berry Film Products Acquisition Company, Inc. (f/k/a Clopay Plastic Products Acquisition Company, Inc.) USA DE Berry Film Products Company, Inc. (f/k/a Clopay Plastic Products Company, Inc.) 100.00% 100%
Berry Film Products Company, Inc. (f/k/a Clopay Plastic Products Company, Inc.) USA DE Berry Global, Inc. 100.00% 100%
Berry Global Films, LLC (f/k/a Berry Plastics Acquisition Corporation XV, LLC) USA DE Berry Global, Inc. 100.00% 100%
Berry Global International Financing Limited UK   AVINTIV Inc. 100.00% 65%
Berry Global, Inc. (f/k/a Berry Plastics Corporation) USA DE Berry Plastics Group, Inc. 100.00% 100%
Berry Plastics Acquisition Corporation V USA DE Berry Global, Inc. 100.00% 100%
Berry Plastics Acquisition Corporation XII USA DE Berry Global, Inc. 100.00% 100%
Berry Plastics Acquisition Corporation XIII USA DE Berry Global, Inc. 100.00% 100%
Berry Plastics Acquisition Corporation XIV, LLC USA DE Berry Global, Inc. 100.00% 100%
Berry Plastics Acquisition LLC II USA DE Berry Global, Inc. 100.00% 100%
Berry Plastics Acquisition LLC X USA DE Berry Global, Inc. 100.00% 100%
Berry Plastics Canada, Inc. Canada   Berry Global, Inc. 100.00% 65%
Berry Plastics de Mexico, S. de R.L. de C.V. Mexico   Berry Plastics Acquisition Corporation V 100.00% 65%
Berry Plastics Design, LLC USA DE Berry Global, Inc. 100.00% 100%
Berry Plastics Escrow Corporation USA DE Berry Global, Inc. 100.00% 100%
Berry Plastics Escrow, LLC USA DE Berry Global, Inc. 100.00% 100%
Berry Plastics Filmco, Inc. USA DE Berry Global, Inc. 100.00% 100%
Berry Plastics IK, LLC USA DE Berry Global, Inc. 100.00% 100%
Berry Plastics International C.V. Netherlands   Pliant, LLC (1%) and Berry Global, Inc. (99%) 100.00% 65%
Berry Plastics Opco, Inc. USA DE Berry Global, Inc. 100.00% 100%
Berry Plastics SP, Inc. USA DE Berry Global, Inc. 100.00% 100%
Berry Plastics Technical Services, Inc. USA DE Venture Packaging, Inc. 100.00% 100%
Berry Specialty Tapes, LLC (f/k/a Berry Plastics Acquisition Corporation XI) USA DE Berry Global, Inc. 100.00% 100%
Berry Sterling Corporation USA DE Berry Global, Inc. 100.00% 100%
Berry UK Holdings Limited UK   AVINTIV Inc. 100.00% 65%
Bonlam, S.A. DE C.V. Mexico   Pristine Brands, LLC 99.90% 65%1

 

 

 

 

Bonlam, S.A. DE C.V. Mexico   Chicopee, Inc. 0.01%  
BP Parallel, LLC USA DE Berry Global, Inc. 100.00% 100%
BPRex Brazil Holding Inc. USA DE BPRex Healthcare Brookville, Inc. 100.00% 100%
BPRex Closure Systems, LLC USA DE Berry Global, Inc. 100.00% 100%
BPRex Closures Kentucky Inc. USA DE Berry Global, Inc. 100.00% 100%
BPRex Closures, LLC USA DE Berry Global, Inc. 100.00% 100%
BPRex de Mexico S.A. de R.L. de CV Mexico   Berry Global, Inc. and Berry Plastics Acquisition LLC X (1 share) 100.00% 65%
BPRex Delta Inc. USA DE Berry Global, Inc. 100.00% 100%
BPRex Healthcare Brookville Inc. USA DE BPRex Plastic Packaging, Inc. 100.00% 100%
BPRex Healthcare Packaging, Inc. USA DE BPRex Plastic Packaging, Inc. 100.00% 100%
BPRex Plastic Packaging de Mexico S.A. de C.V. Mexico   Berry Global, Inc. 50.00% 65%2
BPRex Plastic Packaging de Mexico S.A. de C.V. Mexico   BPRex Plastics Services Company Inc. 0.002%  
BPRex Plastic Packaging de Mexico S.A. de C.V. Mexico   BPRex Healthcare Packaging, Inc. 49.998%  
BPRex Plastic Packaging, Inc. USA DE Berry Global, Inc. 100.00% 100%
BPRex Plastic Services Company Inc. USA DE BPRex Plastic Packaging, Inc. 100.00% 100%
BPRex Product Design & Engineering Inc. USA MN BPRex Healthcare Brookville, Inc. 100.00% 100%
BPRex Specialty Products Puerto Rico Inc. USA NJ BPRex Plastic Packaging, Inc. 100.00% 100%
Caplas LLC USA DE Captive Plastics LLC 100.00% 100%
Caplas Neptune, LLC USA DE Captive Plastics LLC 100.00% 100%
Captive Plastics Holdings, LLC USA DE Berry Plastics SP, Inc. 100.00% 100%
Captive Plastics, LLC USA DE Berry Plastics SP, Inc. 100.00% 100%
Cardinal Packaging, Inc. USA DE CPI Holding Corporation 100.00% 100%
Chicopee Asia, Limited Hong Kong   Chicopee, Inc. 100.00% 65%
Chicopee Holdings B.V. Netherlands   PGI Europe, Inc. 100.00% 65%
Chicopee, Inc. USA DE PGI Polymer, Inc. 100.00% 100%
Chocksett Road Limited Partnership USA MA Berry Global, Inc.

98% Limited Partnership Interests

2% General Partnership Interests

 100%
Chocksett Road Realty Trust USA MA Chocksett Road Limited Partnership Sole Beneficiary 100%
Berry Europe GmbH Germany   Berry Film Products Company, Inc. (f/k/a Clopay Plastic Products Company, Inc.) 100.00% 65%
Berry Holding Company do Brasil Ltda. Brazil   Berry Film Products Company, Inc. (f/k/a Clopay Plastic Products Company, Inc.) 99.99% 65%3
Berry Holding Company do Brasil Ltda. Brazil   Berry Global, Inc. 00.01%  
Berry Trading (Shanghai) Co., Ltd. China   Berry Plastic Products Acquisition Company, Inc. 100.00% 65%
Covalence Specialty Adhesives LLC USA DE Berry Global, Inc. 100.00% 100%
Covalence Specialty Coatings LLC USA DE Berry Global, Inc. 100.00% 100%
CPI Holding Corporation USA DE Berry Global, Inc. 100.00% 100%
CSM Mexico SPV LLC USA DE Berry Global, Inc. 100.00% 100%
Dominion Textile (USA), L.L.C. USA DE Chicopee, Inc. 100.00% 100%
DT Acquisition Inc. Canada   AVINTIV Specialty Materials, Inc. 100.00% 65%

 

 

 

 

Dumpling Rock, LLC USA MA Berry Global, Inc. 100.00% 100%
Estero Porch, LLC USA DE Berry Global, Inc. 100.00% 100%
Fabrene, L.L.C. USA DE PGI Europe, Inc. 100.00% 100%
Fiberweb Geos, Inc. USA VA PGI Europe, Inc. 100.00% 100%
Fiberweb, LLC f/k/a Fiberweb, Inc. USA DE PGI Europe, Inc. 100.00% 100%
Global Closure Systems America 1, Inc. USA DE RPC Packaging Holdings (US), Inc. 100.00% 100%
Grafco Industries Limited Partnership USA MD Caplas LLC 99.00% 100%
Grafco Industries Limited Partnership USA MD Caplas Neptune, LLC 1.00% 100%
Grupo de Servicios Berpla, S. de R.L. de C.V. Mexico   Berry Plastics Acquisition Corporation V 65.00% 65%
Kerr Group, LLC USA DE Berry Global, Inc. 100.00% 100%
Knight Plastics, LLC USA DE Berry Plastics SP, Inc. 100.00% 100%
Laddawn, Inc. USA MA Berry Global, Inc. 100.00% 100%
Lamb’s Grove, LLC USA DE Berry Global, Inc. 100.00% 100%
Letica Corporation USA DE RPC Leopard Holdings, Inc. 100.00% 100%
Letica Resources, Inc. USA DE RPC Leopard Holdings, Inc. 100.00% 100%
M&H Plastics, Inc. USA VA AVINTIV Inc. 100.00% 100%
Millham, LLC USA DE Berry Global, Inc. 100.00% 100%
Old Hickory Steamworks, LLC USA DE Fiberweb, LLC 100.00% 100%
Packerware, LLC USA DE Berry Plastics SP, Inc. 100.00% 100%
Pescor, Inc. USA DE Berry Global, Inc. 100.00% 100%
PGI Acquisition Limited UK   PGI Europe, Inc. 100.00% 65%
PGI Europe, Inc. USA DE Chicopee, Inc. 100.00% 100%
PGI Nonwovens (Mauritius) Netherlands   PGI Polymer, Inc. 100.00% 65%
PGI Polymer, Inc. USA DE Avintiv Specialty Materials, Inc. 100.00% 100%
Pliant de Mexico S.A. de C.V. Mexico   Pliant, LLC 36.03% 65%
Pliant International, LLC USA DE Pliant, LLC 100.00% 100%
Pliant, LLC USA DE Berry Global, Inc. 100.00% 100%
Poly-Seal, LLC USA DE Berry Global, Inc. 100.00% 100%
Pristine Brands, LLC USA DE PGI Europe, Inc. 100.00% 100%
Providencia USA, Inc. USA NC Chicopee, Inc. 100.00% 100%
Rollpak Corporation USA DE Berry Global, Inc. 100.00% 100%
RPC Bramlage, Inc. USA PA RPC Packaging Holdings (US), Inc. 100.00% 100%
RPC Leopard Holdings, Inc. USA DE RPC Packaging Holdings (US), Inc. 100.00% 100%
RPC Packaging Holdings (US), Inc. USA DE AVINTIV Inc. 100.00% 100%
RPC Promens Inc. USA DE RPC Packaging Holdings (US), Inc. 100.00% 100%
RPC Superfos US, Inc. USA DE RPC Packaging Holdings (US), Inc. 100.00% 100%
RPC Zeller Plastik Libertyville, Inc. USA DE Global Closure Systems America 1, Inc. 100.00% 100%
Saffron Acquisition, LLC USA DE Kerr Group, LLC 100.00% 100%
Setco, LLC USA DE Kerr Group, LLC 100.00% 100%
Sugden, LLC USA DE Berry Global, Inc. 100.00% 100%
Sun Coast Industries, LLC USA DE Saffron Acquisition, LLC 100.00% 100%
Berry Film Products Co., Ltd. China   Berry Film Products Acquisition Company, Inc. 100.00% 65%
Uniplast Holdings, LLC USA DE Pliant, LLC 100.00% 100%
Uniplast U.S., Inc. USA DE Uniplast Holdings, Inc. 100.00% 100%
Venture Packaging Midwest, Inc. USA DE Venture Packaging, Inc. 100.00% 100%
Venture Packaging, Inc. USA DE Berry Global, Inc. 100.00% 100%

 

 

 

165% of the aggregate stock of Bonlam, S.A. DE C.V. is pledged.
265% of the aggregate stock of BPRex Plastic Packaging de Mexico S.A. de C.V. is pledged.
365% of the aggregate stock of Berry Holding Company do Brasil Ltda. is pledged.