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AI brief of an SEC Form 8-K · Avery Dennison (AVY)

Avery Dennison closes €500 million 4.000% senior notes due 2035

Neutral Impact 3 of 5 financing Written later

Avery Dennison closed its issuance of €500 million of 4.000% senior notes due September 11, 2035, with net proceeds of about €493.5 million. The company plans to use the proceeds for general corporate purposes, including financing acquisitions and repaying commercial paper borrowings, which adds long-term debt to its balance sheet.

Key points

  • Principal: €500,000,000 of 4.000% senior notes maturing September 11, 2035
  • Net proceeds of approximately €493.5 million after underwriting discounts and estimated expenses
  • Interest payable annually beginning September 11, 2026; redeemable at make-whole price before June 11, 2035
  • Underwriting agreement dated September 8, 2025 with Citigroup Global Markets Limited, Merrill Lynch International and Mizuho International plc

The filing

CompanyAvery Dennison (AVY)
Form8-K, current report
Filed with the SECSep 11, 2025, 4:17 PM ET
Accession number0001193125-25-201336

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:12 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 11, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.