OREANDA-NEWS. Ball Corporation (NYSE: BLL) announced it has completed the closing of its new revolving and term loan senior secured credit facilities that refinance Ball's revolver and the remainder of the bridge term loan facilities entered into on Feb. 19, 2015.

The new $4.1 billion senior secured credit facilities include a multicurrency revolving facility, and U.S. dollar and Euro term loan facilities that will mature in 2021. The new term loan facilities, together with the bonds issued in December 2015, represent the final portion of permanent financing related to Ball's proposed offer for Rexam PLC.

"These new credit facilities represent attractive financing from a diverse bank syndicate, as well as the flexibility to execute future corporate actions," said Scott C. Morrison, senior vice president and chief financial officer. "Our solid balance sheet and recent financings provide us with a very competitive, long-term capital structure to generate value for our shareholders in 2016 and beyond."