Gerresheimer Glas to price €60 million add-on to 7 7/8% notes due March 2015 on Thursday

By Paul A. Harris

St. Louis, Dec. 13 - Gerresheimer Alpha GmbH, a financing subsidiary of Dusseldorf, Germany-based Gerresheimer Glas AG, plans to price a €60 million add-on to its 7 7/8% senior notes due March 1, 2015 (Caa1/B-) on Thursday, according to market sources.

JP Morgan has the books for the Rule 144A/Regulation S add-on.

Proceeds will be used to help fund the acquisition of Superfos Pharma Pack from Superfos Industries AS.

The original €150 million issue priced at par on Feb. 28, 2005.

Gerresheimer provides glass and plastic packaging for the pharmaceuticals, laboratory-ware and cosmetics industries.

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