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Published on 1/13/2010 in the Prospect News High Yield Daily.

New Issue: Ardagh Glass Finance prices €180 million 8¾% 10-year notes at 99.994

By Paul A. Harris

St. Louis, Jan. 13 - Ardagh Glass Finance plc priced a €180 million issue of 8¾% 10-year senior guaranteed notes (B3/B-/) at 99.994 on Wednesday, according to a market source.

Citigroup ran the books.

Proceeds will be used to refinance the company's 8 7/8% notes due 2013.

Ardagh Glass is a Dublin, Ireland, glass bottle manufacturer.

Issuer:Ardagh Glass Finance plc
Amount:€180 million
Maturity:Jan. 2, 2020
Securities:Senior guaranteed notes
Bookrunner:Citigroup
Coupon:8¾%
Price:99.994
Trade date:Jan. 13
Ratings:Moody's: B3
Standard & Poor's: B-

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