OAK BROOK, Ill. -- U.S. Can said it had completed the renegotiation and expansion of a loan agreement, with Continental Bank of Chicago leading the credit.

The new four-year facility includes a $95 million revolving credit line and $35 million term loan. Proceeds were used to repay outstanding loans on the prior credit as well as two supplemental loans totaling $40 million, which were used to finance two recent acquisitions.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.