Silgan Announces New Senior Note Offering
Silgan Holdings Inc. (Nasdaq: SLGN), a leading supplier of rigid packaging for consumer goods products, today announced that it plans to offer $300 million aggregate principal amount of senior unsecured notes maturing in 2020, subject to favorable market conditions. The Company plans to use the net proceeds from this offering to fund the redemption of all of its outstanding 7.25% Senior Notes due 2016 and for general corporate purposes.
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