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Graphic Packaging announces proposed senior notes offering

Jun. 11, 2019 10:00 AM ETGraphic Packaging Holding Company (GPK) StockBy: Pranav Ghumatkar, SA News Editor
  • Graphic Packaging International (NYSE:GPK +0.4%) a direct wholly-owned subsidiary of Graphic Packaging International Partners and the primary operating subsidiary of Graphic Packaging Holding Company, announced an offering to sell $300M aggregate principal amount of its senior unsecured notes due 2027.
  • Graphic Packaging intends to use the net proceeds to repay a portion of the outstanding borrowings under Graphic Packaging's revolving credit facility and to pay fees and expenses incurred in connection with the offering.

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