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Published: Friday, 5/8/2009

Perrysburg glass firmsells $600M in notes

A subsidiary of Owens-Illinois Inc., Owens-Brockway Glass Container Inc., sold $600 million of senior notes Thursday, double what it originally announced it would offer.

The Perrysburg company originally said it would use the proceeds to repay of $250 million of other debt, but it was unclear whether the bigger sale meant bigger debt repayment. The notes were due in 2016.

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