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Graphic Packaging to pay down revolver debt with proceeds from notes
By Sarah Lizee
Olympia, Wash., June 11 – Graphic Packaging International, LLC plans to pay down a portion of the revolving credit facility under its third amended and restated credit agreement using proceeds from a new offering of notes, according to a notice.
The company announced Tuesday that it plans to price a $300 million offering of eight-year senior notes.
The issuer is an Atlanta-based packaging manufacturer.
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