Jenner & Block is advising its client Silgan Holdings Inc. in a new senior unsecured notes offering.The private offering of €600 million aggregate principal amount of Silgan's 4 ¼% Senior Notes due 2031 priced on September 3, 2025 and is expected to close on or about September 12, 2025.
The notes are being offered in reliance on Rule 144A and Regulation S under the Securities Act of 1933, as amended. Silgan intends to use the net proceeds to repay outstanding revolving loans under its senior secured credit facility and for general corporate purposes. The notes are guaranteed by Silgan's US subsidiaries that guarantee the company's existing senior credit facility and existing senior secured and unsecured notes.
Silgan is a leading supplier of sustainable rigid packaging solutions for the world's essential consumer goods products with annual net sales of approximately $5.9 billion in 2024. Silgan operates 124 manufacturing facilities across North and South America, Europe, and Asia.
The deal team is being led by Partners Rob Rawn and Alex May and includes Partner Geoff Davis and Associates Bill Erlain and Alex Bradt.