Ball Corporation (NYSE:BLL) proposed to issue $750 million of unsecured notes. The offering would yield 5.0% interest per year and the notes will mature on March 15, 2022.
Ball Corporation intends to utilize the proceeds of the new debt issue to fund the interest and expenses related to the debt issue. It will also fund for related consent solicitation for any and all of its outstanding 6 5/8% senior notes due 2018, and for general corporate purposes.
The debt-to-capital ratio at … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards