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.”

You may also be interested in...

Defense Digital Acquisition and Modernization Forum

Expert Panel to Discuss DoD Strategies at GovConWire’s Defense Digital Acquisition and Modernization Forum

GovConWire’s Defense Digital Acquisition and Modernization Forum on Dec. 1 will feature an expert panel, composed of federal and industry leaders across the government contracting sector. The panel will address the DoD’s Software Acquisition Strategy, Defense Acquisition Workforce Development and the future of data and information technology modernization across agencies. To register for the Defense Digital Acquisition and Modernization Forum, as well as view upcoming opportunities, visit GovConWire’s Event Page.

The White House

Jake Sullivan Appointed National Security Adviser Under Biden Administration

Jake Sullivan, formerly deputy assistant to the president under the Barack Obama administration, has received appointment as national security adviser to President-elect Joe Biden. Sullivan is among the six key members of the incoming administration's foreign policy and national security team unveiled Monday.