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Ball Corporation Announces Notice of Redemption for its 7.375 Percent Senior Notes Due 2019

Intends to use cash on hand, borrowings under its bank credit facilities and accounts receivable securitization program to fund redemption

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Ball Corporation announced that it has issued a notice of redemption for all of its outstanding 7.375% Senior Notes due 2019 (CUSIP No. 058498 AN6). The redemption date is Jan. 10, 2014, and the redemption price is 100% of the principal amount of the notes outstanding plus the applicable premium as of, and accrued and unpaid interest to, the redemption date, payable in cash. Ball intends to use cash on hand and borrowings under its bank credit facilities and accounts receivable securitization pr...

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