Home / Financial Report / Ball Caps Credit Facility

Ball Caps Credit Facility

Ball Corporation (NYSE: BLL) released the following financial announcement:

“[The firm] has completed the closing of its new senior secured credit facility. The new $1.4 billion senior secured credit facility extends bank maturities through 2015 and provides greater flexibility for share repurchases and other corporate actions.

“The new credit facility provides Ball with additional borrowing capacity and more flexibility, ” said Scott C. Morrison, senior vice president and chief financial officer. “Our solid balance sheet and recent financings provide us with a very competitive, long-term capital structure to generate value for our shareholders well into the future.”

Check Also

Four Firms to Extend Navy Contingency Construction Services Under $92M IDIQ Modification

Four companies been awarded a $92M modification under a U.S. Navy indefinite-delivery/indefinite-quantity contract for global contingency construction services to the military branch, the Department of Defense and federal civilian agencies.

Intelligence Vets Thomas Donnelly, Jim Gray Join SOSi; Julian Setian Quoted

Intelligence executives Thomas Donnelly and Jim Gray have joined SOS International to help the Reston, Va.-based company grow its portfolio of intelligence and analytics services and pursue future task order opportunities under the Defense Intelligence Agency’s Solutions for Intelligence Analysis 3 contract vehicle.