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Prospect News home > News index > List of issuers Tenders > Headlines for 2022 > News item
Published on 8/8/2022 in the Prospect News High Yield Daily and Prospect News Liability Management Daily.

Crown to redeem €885 million of senior notes due 2023

By Wendy Van Sickle

Columbus, Ohio, Aug. 8 – Crown Holdings, Inc. plans to redeem the outstanding €335 million 2¼% senior notes due 2023 and the €550 million ¾% senior notes due 2023, both of which were issued by Crown European Holdings SA, a wholly owned subsidiary of the company, according to a news release.

The company plans to draw on its credit facilities to fund the redemptions.

Crown Holdings is a Philadelphia-based provider of consumer packaging.


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