Crown Cork & Seal calls 8% debentures due 2023 for Oct. 30 redemption

By Angela McDaniels

Tacoma, Wash., Sept. 30 - Crown Holdings, Inc. subsidiary Crown Cork & Seal Co., Inc. will redeem its $200 million principal amount of 8% debentures due 2023 on Oct. 30, according to a company news release.

The company said Crown Cork has deposited $211.8 million with the trustee, which is enough to pay the principal, accrued interest and premium on the debentures.

Crown Holdings is based in Philadelphia and makes packaging products through its subsidiaries.

© 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.