Broomfield-based Ball Corp. on Thursday announced that it’s priced a public offering of $1 billion worth of senior notes, carrying a 4 percent interest rate, that would be due to be paid off in 2023.
Ball (NYSE: BLL), a packaging manufacturer and aerospace company, said the underwritten offering is expected to close on May 16.
Ball said it plans to use the money to pay off existing notes, due in 2016, that carry a 7.125 interest rate, and also repay other money it's borrowed under a revolving…
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