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Stock impact report

Silgan Announces Completion of Amendment to Senior Secured Credit Facility

Silgan Holdings Inc. (SLGN) 
Last silgan holdings inc. earnings: 4/22 07:15 am Check Earnings Report
Company Research Source: Business Wire
STAMFORD, Conn.--(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 Show less Read more
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