WASHINGTON (dpa-AFX) - Ball Corp. (BLL) said Thursday that it has priced an underwritten public offering of $1 billion of 4% Senior Notes due 2023.
The offering is expected to close on May 16.
Ball plans to use the net proceeds from the offering to pay the consideration, accrued and unpaid interest and related fees and expenses in connection with today's previously announced tender offer and related consent solicitation for any and all of its outstanding 7.125% Senior Notes due 2016, to repay borrowings under its revolving credit facilities, and for general corporate purposes.
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