Graham Packaging discharges obligations for 8½% notes due 2012 in full

By Angela McDaniels

Tacoma, Wash., Nov. 24 - Graham Packaging Holdings Co. has fully discharged its obligations with respect to its $250 million principal amount of 8½% senior unsecured notes due 2012, according to a company news release.

The company said it used cash on hand and the proceeds from Graham Packaging Co., LP's $253.4 million issue of senior unsecured notes due 2017.

Graham Packaging is a York, Pa.-based designer, manufacturer and seller of customized blow-molded plastic containers.

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