Graham Packaging Completes Acquisition of Liquid Container for $568M

Graham Packaging Company Inc.

today announced that its subsidiaries, Graham Packaging GP Acquisition LLC, and Graham Packaging LP Acquisition LLC, have completed the acquisition of Liquid Container, L.P. and its subsidiaries for $568.0 million. In conjunction with the closing of the acquisition, Graham entered into a new $913.0 million aggregate principal amount term loan facility under its existing senior secured credit agreement and completed its offering of $250.0 million senior unsecured notes.