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Prospect News home > News index > List of issuers B > Headlines for BWAY Intermediate Co., Inc. > News item |
BWAY plans to price $770 million seven-year notes to fund dividend
By Paul A. Harris
Portland, Ore., July 31 – BWAY Intermediate Co., Inc. plans to price a $770 million offering of seven-year senior notes (Caa2) in the middle part of the Aug. 4 week, according to a market source.
BofA Merrill Lynch is the bookrunner.
The notes come with three years of call protection.
The Atlanta-based supplier of general line rigid containers plans to use the proceeds to pay a special dividend.
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