Exhibit 5.1
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| | HAYNSWORTH SINKLER BOYD, P.A. 1201 MAIN STREET, 22ND FLOOR P.O. BOX 11889 (29211) COLUMBIA, SOUTH CAROLINA 29201 MAIN 803.779.3080 FAX 803.765.1243 www.hsblawfirm.com |
April 22, 2020
Sonoco Products Company
Post Office Box 160
Hartsville, South Carolina 29551
Ladies and Gentlemen:
We have acted as counsel to Sonoco Products Company, a South Carolina corporation (the “Company”), in connection with an offering pursuant to Rule 415 under the Securities Act of 1933, as amended (the “Act”), of $600,000,000 aggregate principal amount of the Company’s 3.125% Notes due 2030 (the “Notes”). The Notes are to be issued under the Indenture, dated as of June 15, 1991, (the “Base Indenture”) between the Company and The Bank of New York Mellon Trust Company, N.A. (formerly known as The Bank of New York), as successor in interest to Wachovia Bank of North Carolina, National Association, as trustee, (the “Trustee”), as amended and supplemented by a second supplemental indenture (the “Second Supplemental Indenture”), dated as of November 1, 2010, by a third supplemental indenture (the “Third Supplemental Indenture”) dated as of October 27, 2011, by a fourth supplemental indenture (the “Fourth Supplemental Indenture”) dated as of November 1, 2011 between the Company and the Trustee, and by a fifth supplemental indenture (the “Fifth Supplemental Indenture”) to be entered into by the Company and the Trustee (the Base Indenture, as supplemented by the Second Supplemental Indenture, the Third Supplemental Indenture, the Fourth Supplemental Indenture, and the Fifth Supplemental Indenture is hereinafter referred to as the “Indenture”); and (3) subject to the Underwriting Agreement (the “Underwriting Agreement”), dated April 20, 2020, among the Company and BofA Securities, Inc. and J.P. Morgan Securities LLC, as representatives of the several underwriters listed therein.
We have also acted as counsel to the Company in connection with the preparation of a Registration Statement on FormS-3 (FileNo. 333-232937) (such Registration Statement, as amended or supplemented, is hereinafter referred to as the “Registration Statement”) relating to the Notes.
In rendering our opinions set forth below, we have examined originals or copies identified to our satisfaction of (i) the Underwriting Agreement; (ii) the Registration Statement; (iii) the prospectus as supplemented relating to the Notes; (iv) the Indenture; and (v) the forms of the Notes. The Notes are registered pursuant to the Registration Statement. In addition, we have examined originals, or copies certified or otherwise identified to our satisfaction, of such documents, corporate records and other instruments as we have deemed necessary for the purposes of this opinion, including: (i) the organizational documents of the Company, and (ii) minutes and records of the corporate proceedings of the Company including the Board of Directors of the Company.
In expressing the opinions set forth below, we have assumed the genuineness of all signatures, the authenticity of all documents submitted to us as originals, the conformity to the original documents of all documents submitted to us as certified, conformed or photostatic copies and the legal competence of each individual executing any document. As to all parties, we have assumed the due authorization, execution and delivery of all documents and the validity and enforceability thereof against all parties thereto, other than the Company, in accordance with their respective terms.