Pregis announces redemption of €200 million of floating-rate notes

By Ashley Montgomery

Kansas City, Kan., Feb. 24 - Pregis Corp. redeemed €200 million of its €225 million senior secured floating-rate notes due 2013, the company said in an announcement.

The company redeemed €88,889,000 of notes issued in 2005 and €111,111,000 of the notes issued in 2009.

Accrued interest was included in the redemption payments.

Deerfield, Ill.-based Pregis makes protective packaging products and specialty packaging products.

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