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Graphic Packaging Launches $500 Million Debt Offering
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Graphic Packaging Launches $500 Million Debt Offering
May 6, 2024 7:54 AM

10:23 AM EDT, 05/06/2024 (MT Newswires) -- Graphic Packaging Holding ( GPK ) subsidiary Graphic Packaging International said Monday it has launched a private offering of $500 million of senior notes due 2032.

The company's unit said it expects to use the proceeds to repay a portion of the outstanding borrowings under its credit facilities, to pay fees and expenses related to the senior note offering and for general corporate purposes.

Price: 27.34, Change: +0.25, Percent Change: +0.90

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