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Published on 7/10/2002 in the Prospect News High Yield Daily.

Greif to sell $300 million dollar and euro notes

New York, July 10 - Greif Bros. Corp. said it plans to sell $300 million of 10-year senior subordinated notes in dollar and euro tranches.

Proceeds will be used to repay borrowings under the company's senior secured credit facility.

The Delaware, Ohio industrial packaging company did not provide further details of the offering.


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