June 15: Rexam, the world’s leading beverage canmaking firm, has completed the refinancing of its £775 million (US$1.27 billion) revolving credit facility and a number of smaller credit facilities that were due to mature next year. Negotiations with its banks started last November.

The London-based canmaker has secured a £860m ($1.4bn) debt package that includes £213m ($348m) of so-called bilateral commitments and £647m ($1.06bn) of forward start commitments that mature in 2012.
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