Sonoco Products Company Secures $500 Million in New Credit Facilities
PUBLIC · SONSep 25, 2026
Amount Raised
$500 Million
Round Type
Debt Financing
HartsvilleManufacturing
Investors
CoBank, ACBFarm Credit System institutions
Description
On September 25, 2026, Sonoco Products Company entered into a first amendment to its Credit Agreement, resulting in the addition of a $400 million tranche A term loan and a $400 million tranche B term loan. This funding is aimed at bolstering the company’s financial position and supporting its growth initiatives. The company successfully borrowed $500 million under the amended agreement on the closing date.
Company Information
Company
Sonoco Products Company
Location
Hartsville, South Carolina, United States
About
Sonoco Products Company is a Hartsville, South Carolina-based global leader in high-value sustainable packaging. It is known for its innovative packaging solutions and commitment to sustainability, serving customers worldwide with a diverse range of packaging products and services.
Fundz sees it the moment Sonoco Products Company raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.