Silgan to prepay some outstanding term loans via new notes

By Taylor Fox

New York, Feb. 3 – Silgan Holdings Inc. plans to prepay a portion of its outstanding term loans under its senior secured credit facility, according to a news release.

The prepayment will be funded using proceeds from its new $500 million senior notes offering.

Silgan is a Stamford, Conn.-based producer of rigid packaging for consumer goods.

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