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Graphic Packaging prices senior notes due 2027

Jun. 12, 2019 7:30 AM ETGraphic Packaging Holding Company (GPK) StockBy: Niloofer Shaikh, SA News Editor
  • Graphic Packaging International (NYSE:GPK) has priced $300M of its senior unsecured notes due 2027 at par, bearing interest at an annual rate of 4.75%.
  • The company expects to close the offering on or about June 25.
  • Net proceeds of ~$295M will be used to repay a portion of the outstanding borrowings under Graphic Packaging's revolving credit facility under its senior secured credit facility.

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