Ardagh to repay VNA bonds

01/14/2014 | Reuters · Independent.ie (Ireland)

Ardagh will repay $1.6 billion worth of bonds it issued to fund its purchase of Verallia North America because it did not reach a deal about the acquisition with the Federal Trade Commission by Jan. 13. It is expected that Ardagh will need to issue new debt for future financing as it extends the closing deadline through April.

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Reuters · Independent.ie (Ireland)

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