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Graphic Packaging to repay incremental term loan via new notes
By Marisa Wong
Los Angeles, Nov. 8 – Graphic Packaging Holding Co. expects to repay in full the borrowing under its incremental term A-4 loan under its fourth amended and restated credit agreement using proceeds from an offering of new notes, according to a press release.
The incremental term loan was incurred to finance the Nov. 1 acquisition of 100% of the shares of AR Packaging Group AB.
The Atlanta-based packaging company launched on Monday a $400 million offering of senior notes due 2030 and a €290 million offering of senior notes due 2029.
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