Smurfit Westrock (SW) has released an update.
Smurfit Westrock’s subsidiary WRKCo Inc. has sought regulatory approval to stop being a reporting issuer in Quebec, Manitoba, and British Columbia, which would exempt it from certain Canadian disclosure obligations. WRKCo has multiple series of notes guaranteed by Smurfit Westrock, which might face resale restrictions in Canada. The company intends to continue providing disclosures to Canadian holders as required by U.S. securities law.
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