Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers Paydowns > Headlines for Altoona > News item |
Silgan to repay revolver borrowings with proceeds from new notes
By Marisa Wong
Los Angeles, Nov. 4 – Silgan Holdings Inc. said it plans to repay outstanding revolving loans under its senior secured credit facility using proceeds from an offering of new notes due 2028.
Silgan used the loans to redeem its 5½% senior notes due 2022 in August, according to a press release.
Silgan is a Stamford, Conn.-based producer of rigid packaging for consumer goods.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.