Libbey Inc. subsidiary Libbey Glass Inc. plans to issue USD 400 million of senior notes due 2014 in a private offering, it was announced on 15 May 2006.
Libbey Glass will use the proceeds from the of…
Libbey Inc. subsidiary Libbey Glass Inc. plans to issue USD 400 million of senior notes due 2014 in a private offering, it was announced on 15 May 2006. Libbey Glass will use the proceeds from the offering, along with initial borrowings under a new credit facility, to acquire the 51% it currently does not own in Mexican venture Crisa, Libbey said in a statement. It also plans to pay off Crisa“s existing debt.