Silgan Holdings Inc. (Nasdaq:SLGN), a leading supplier of sustainable rigid packaging solutions for consumer goods products, announced today that it has given irrevocable notice for the redemption on March 28, 2022 of all $300 million aggregate principal amount of its outstanding 4¾% Senior Notes due 2025. Pursuant to the terms of the indenture governing the 4¾% Senior Notes, the Company will redeem all $300 million aggregate principal amount of its outstanding 4¾% Senior Notes on March 28, 2022 at a redemption price of 100 percent of their principal amount plus accrued and unpaid interest up to the redemption date. The Company will fund this redemption with revolving loan borrowings under its senior secured credit facility and cash on hand.
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