Libbey Inc. Announces Refinancing Under New $250 Million, Five-Year Credit Facility

Libbey Inc. announced that it successfully refinanced its bank debt under a new $250 million unsecured revolving credit agreement on June 24, 2004.

This new facility is for a term of five years.

John F. Meier, chairman and chief executive officer, commenting on the new facility said, "We are pleased that we were able to complete this five year agreement which provides the financial flexibility Libbey requires with very competitive rates and conditions."

600450 Libbey Inc. Announces Refinancing Under New $250 Million, Five-Year Credit Facility
Date: 29 June 2004

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