Ardagh Finance Holdings S.A. Form F-1/A Filed 2017-02-23
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SECURITIES AND EXCHANGE COMMISSION FORM F-1/A Registration statement for securities of certain foreign private issuers [amend] Filing Date: 2017-02-23 SEC Accession No. 0001047469-17-000887 (HTML Version on secdatabase.com) FILER Ardagh Finance Holdings S.A. Mailing Address Business Address 56 RUE CHARLES MARTEL 56 RUE CHARLES MARTEL CIK:1689662| IRS No.: 000000000 | State of Incorp.:N4 | Fiscal Year End: 1231 LUXEMBOURG N4 L-2134 LUXEMBOURG N4 L-2134 Type: F-1/A | Act: 33 | File No.: 333-214684 | Film No.: 17632965 352 2625 8555 SIC: 3221 Glass containers Copyright © 2017 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Use these links to rapidly review the document TABLE OF CONTENTS INDEX TO THE FINANCIAL STATEMENTS Table of Contents As filed with the Securities and Exchange Commission on February 23, 2017 Registration No. 333-214684 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 3 to Form F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Ardagh Group S.A. (Exact name of Registrant as specified in its charter) Luxembourg 3221/3411 Not Applicable (State or other jurisdiction of (Primary Standard Industrial (I.R.S. Employer incorporation or organization) Classification Code Number) Identification No.) 56, rue Charles Martel L-2134 Luxembourg +352 26 25 85 55 (Address, including zip code, and telephone number, including area code, of Registrant's principal executive offices) Ardagh Metal Packaging USA Inc. Attention: John Boyas Carnegie Office Park 600 North Bell Avenue Building 1, Suite 200 Carnegie, PA 15106 (412) 429-5290 (Name, address, including zip code, and telephone number, including area code, of agent for service) With copies to: Richard B. Alsop Jonathan A. Schaffzin David J. Beveridge Geoffrey E. Liebmann Shearman & Sterling LLP Cahill Gordon & Reindel LLP 599 Lexington Avenue 80 Pine Street Copyright © 2013 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document New York, N.Y. 10022 New York, N.Y. 10005 (212) 848-4000 (212) 701-3000 Approximate date of commencement of proposed sale to the public: as soon as practicable after this Registration Statement becomes effective. If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, please check the following box. o If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. o If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. o If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. o CALCULATION OF REGISTRATION FEE Proposed Maximum Title Of Each Class Of Securities Amount Of Aggregate Offering To Be Registered Registration Fee(3) Price(1)(2) Class A Common Shares, par value €0.01 per share $100,000,000 $11,590 (1) Estimated solely for the purpose of calculating the amount of the registration fee pursuant to Rule 457(o) under the Securities Act, as amended. (2) Includes shares subject to the underwriters' option to purchase additional shares, if any. See "Underwriting". (3) Previously paid. The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933, as amended, or until this Registration Statement shall become effective on such date as the Commission, acting pursuant to said Section 8(a), may determine. Copyright © 2013 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Table of Contents The information in this preliminary prospectus is not complete and may be changed. We may not sell these securities until the registration statement filed with the Securities and Exchange Commission is effective. This preliminary prospectus is not an offer to sell these securities and it is not soliciting an offer to buy these securities in any jurisdiction where the offer or sale is not permitted. SUBJECT TO COMPLETION, DATED FEBRUARY 23, 2017 PRELIMINARY PROSPECTUS Ardagh Group S.A. Class A Common Shares $ per Share This is the initial public offering of our Class A common shares. We are selling Class A common shares. We currently expect the initial public offering price to be between $ and $ per Class A common share. We have granted the underwriters an option to purchase up to additional Class A common shares. After this offering, we will have two classes of common shares: Class A common shares and Class B common shares. The rights of the holders of our Class A common shares and Class B common shares will be identical except for par value, voting and conversion rights. Each Class A common share will be entitled to one vote per share. Each Class B common share will be entitled to ten votes per share. Each Class B common share will be convertible at any time, at the option of the holder, into one Class A common share, and subject to certain exceptions, will be converted into one Class A common share upon transfer to a third party. Following this offering, our issued and outstanding Class B common shares will represent approximately % of the voting power of our issued and outstanding share capital (assuming no exercise of the underwriters' option to purchase additional shares). We intend to apply to have the Class A common shares listed on the New York Stock Exchange ("NYSE") under the symbol "ARD". Investing in our Class A common shares involves risks. See "Risk Factors" beginning on page 16. Neither the Securities and Exchange Commission ("SEC") nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense. Per share Total Public Offering Price $ $ Underwriting Discount(1) $ $ Proceeds to the Company (before expenses) $ $ (1) We have agreed to reimburse the underwriters for certain expenses incurred in connection with this offering. See "Underwriting". The underwriters expect to deliver the Class A common shares to purchasers on or about through the book-entry facilities of The Depository Trust Company and its direct and indirect participants. Joint Book-Running Managers Citigroup Deutsche Bank Securities Goldman, Sachs & Co. Credit Suisse J.P. Morgan Barclays Co-Managers Davy Wells Fargo Securities Copyright © 2013 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document , Copyright © 2013 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document Table of Contents Copyright © 2013 www.secdatabase.com. All Rights Reserved. Please Consider the Environment Before Printing This Document You should rely only on the information contained in this prospectus. We have not authorized any person to provide you with different information. If anyone provides you with different or inconsistent information, you should not rely on it. We do not take any responsibility for, and can provide no assurances as to, the reliability of any information that others may provide you. We are not, and the underwriters are not, making an offer to sell these securities in any jurisdiction where the offer or sale is not permitted. You should not assume that the information contained in this prospectus is accurate as of any date other than the date on the front of this prospectus. This prospectus has been prepared on the basis that all offers of Class A common shares will be made pursuant to an exemption under the Prospectus Directive, as implemented in member states of the European Economic Area, or EEA, from the requirement to produce a prospectus for offers of the Class A common shares. Accordingly, any person making or intending to make any offer within the EEA of Class A common shares which are the subject of the offering contemplated in this prospectus should only do so in circumstances in which no obligation arises for the sellers of the Class A common shares or any of the underwriters to produce a prospectus for such offer. Neither the sellers of the Class A common shares nor the underwriters have authorized, nor do they authorize, the making of any offer of Class A common shares through any financial intermediary, other than offers made by the underwriters which constitute the final offering of Class A common shares contemplated in this prospectus. TABLE OF CONTENTS Prospectus Summary 1 Summary Consolidated Financial and Other Data of Ardagh Group S.A. 12 Risk Factors 16 Cautionary Statement Regarding Forward-Looking Statements 43 Exchange Rate Information 45 Use of Proceeds 46 Capitalization 47 Dilution 48 Dividend Policy 50 Selected Financial Information 51 Unaudited Condensed Combined Pro Forma Financial Information 53 Management's Discussion and Analysis of Financial Condition and Results of Operations 63 Business 89 Management 106 Principal Shareholders 113 Certain Relationships and Related Party Transactions 114 Description of Share Capital 116 Comparison of Luxembourg Corporate Law and Delaware Corporate Law 125 Description of Certain Indebtedness 134 Parent Company Toggle Notes 144 Shares Eligible for Future Sale 146 Taxation 148 Underwriting 158 Expenses of this Offering 167 Enforceability of Civil Liabilities 168 Legal Matters 172 Experts 172 Where You Can Find More Information 173 Index to the Financial Statements F-1 i Copyright © 2013 www.secdatabase.com.