Ardagh Glass Finance, a subsidiary of Irish glass container manufacturer Ardagh Glass Holdings Ltd., said Wednesday that it is planning a new EUR180 million, 2020-dated senior note offering.
The company said proceeds from the bond offering will be used to redeem its outstanding EUR175 million senior notes due 2013.
Ardagh Glass is rated B2 by Moody's Investors Service Inc. and B+ by Standard & Poor's Corp.