Reynolds Group Holdings is seeking to re-price its existing $3,315 million and €249 million ($266 million) senior secured term loans. Credit Suisse serves as agent for the current loans.

According to a related 6-K filing, Reynolds amended its senior secured term loans and revolving credit facility on August 5, 2016 with Credit Suisse as administrative agent. Credit Suisse and HSBC Securities were joint bookrunners and joint lead arrangers.

Reynolds Group anticipates the transaction to be completed in February 2017.

Reynolds Group is a global manufacturer and supplier of consumer food and beverage packaging and storage products based in Auckland, New Zealand.