Jarden Closes $500M Offering
Jarden Corporation (NYSE: JAH) (the "Company") announced today the closing of its previously announced offering of $450 million in aggregate principal amount of Senior Subordinated Convertible Notes due 2018 (the "Convertible Notes") to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. In addition, the Company announced that the initial purchasers exercised in full their option to purchase up to an additional $50 million in aggregate principal amount of the Convertible Notes.
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