Silgan Raising Debt To Buy Graham
Silgan Holdings Inc. (NASDAQ:SLGN) has outlined terms to raise debt up to $4.5 billion to fund the acquisition of Graham Packaging Company Inc. (NYSE:GRM). As disclosed in its regulatory filing, Silgan has entered into an agreement with Bank of America Corporation (NYSE:BAC), under which an aggregate of $4 billion will be made available to Silgan [...]
Silgan Holdings Inc. (NASDAQ:SLGN) has outlined terms to raise debt up to $4.5 billion to fund the acquisition of Graham Packaging Company Inc. (NYSE:GRM).
As disclosed in its regulatory filing, Silgan has entered into an agreement with Bank of America Corporation (NYSE:BAC), under which an aggregate of $4 billion will be made available to Silgan through the following – a $ 900 million Term A loan maturing in 6 years, a $2.3 billion Term B loan with a maturity period of 7 years and a $800 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards