Silgan Announces Completion of Amendment to Senior Secured Credit Facility
04 Novembre 2024 - 10:30PM
Business Wire
Silgan Holdings Inc. (NYSE: SLGN), a leading supplier of
sustainable rigid packaging solutions for the world's essential
consumer goods products, announced today that it has completed an
amendment to its existing senior secured credit facility. This
amendment extends the maturity dates for its senior secured credit
facility to five years for revolving loans and six years for term
loans from the effective date, removes the springing maturity date
provisions with respect to the Company’s senior notes and provides
additional flexibility for the Company.
“We are pleased to announce the successful completion of an
amendment to our senior secured credit facility,” said Kim Ulmer,
Senior Vice President and Chief Financial Officer. “Our amended
credit facility demonstrates the long-term support of our diverse
bank syndicate and our strong position in the credit markets. This
amendment extends maturities and provides us with greater
flexibility, leaving us well positioned to continue to pursue our
strategic initiatives,” concluded Ms. Ulmer.
* * *
Silgan is a leading supplier of sustainable rigid packaging
solutions for the world's essential consumer goods products with
annual net sales of approximately $6.0 billion in 2023. Silgan
operates 124 manufacturing facilities in North and South America,
Europe and Asia. The Company is a leading worldwide supplier of
dispensing and specialty closures for fragrance and beauty, food,
beverage, personal and health care, home care and lawn and garden
products. The Company is also a leading supplier of metal
containers in North America and Europe for pet and human food and
general line products. In addition, the Company is a leading
supplier of custom containers for shelf-stable food and personal
care products in North America.
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version on businesswire.com: https://www.businesswire.com/news/home/20241104588384/en/
Alexander Hutter Vice President, Investor Relations
AHutter@silgan.com 203-406-3187
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