March 9, 2012 | last updated June 1, 2012 1:08 pm

CT canmaker Silgan plans $300M debt issue

Stamford food-can maker Silgan Holdings Inc. is preparing a $300 million bond issue to retire more expensive debt and for general operations.

Silgan said Friday proceeds from the eight-year senior notes will repay its outstanding 7.25 percent senior debt due 2016

Details on the interest rate for the new or the underwriting team weren't immediately disclosed.

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