Silgan Holdings to repay some term loan with notes proceeds from $200 million offering

By Sara Rosenberg

New York, May 4 - Silgan Holdings Inc. plans to prepay some term loan debt using proceeds from a $200 million senior unsecured notes offering, according to a news release.

Through the prepayments, the 2009 term loan installments will be repaid and a portion of the 2010 installments will be repaid as well.

Silgan is a Stamford, Conn.-based supplier of consumer goods packaging products.

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