Ball to redeem 5% senior notes due 2022 with new note proceeds

By Marisa Wong

Los Angeles, Sept. 9 – Ball Corp. announced it will redeem its 5% senior notes due March 2022 using proceeds from an offering of new senior notes and cash on hand.

Any remaining proceeds from the new notes due 2031 will be used for general corporate purposes, according to a press release.

Based in Westminster, Colo., Ball supplies aluminum packaging for beverage, personal care and household products customers, as well as aerospace and other technologies and services primarily for the U.S. government.

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