Silgan extends credit facility maturities; revolver to 2029, term loans to 2030; adds €200M Euro term loans

SILGAN HOLDINGS INC

Extends revolver maturity to Nov 2029 and term loan maturity to Nov 2030; removes springing maturity provisions on senior notes.
Increases Euro term loan facility from €700M to €900M; €168M used to repay revolver borrowings from Weener Plastics acquisition.
Interest rate margin grid improved; uncommitted incremental loan facility raised from $1.25B to $1.5B.
Certain Dutch subsidiaries released from guarantee and pledge obligations under the credit agreement.

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