Crown Prices Nearly $590 Million Senior Notes Offering

MT Newswires Live

09/23

Crown (CCK) said late Monday it has priced 500 million euros ($589.9 million) of 3.750% senior unsecured notes due 2031 at par through its unit Crown European Holdings.

The company said it plans to use the proceeds, along with cash on hand, to redeem its outstanding 2.875% senior notes due February 2026 and cover related expenses.

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