Business, Life in Delaware County

SourcePoint Receives New Delivery Van Donation For Meals On Wheels

1 Apr , 2019  

SourcePoint recently received a gift from Greif, a leading global industrial packaging manufacturer based in Delaware, for the purchase of a new delivery van for SourcePoint’s Meals on Wheels program. Each year, SourcePoint delivers more than a quarter-million meals to local seniors. The new van replaces a 2005 vehicle with more than 107,000 miles and several mechanical issues. More…

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Greif Announces Price For $500 Million In Notes Related To Recent Acquisition

31 Jan , 2019  

In a press release issued on Wednesday, Delaware’s Greif, Inc. announced pricing for the previously announced offering of $500 million aggregate principal amount of 6.50% notes due in 2027.

According to the release, “The offering is expected to close on or about February 11, 2019, subject to customary closing conditions.”  The offering is part of the financing of the merger consideration related to the previously announced acquisition of Paperboard Parent, Inc., the parent company of Caraustar Industries, Inc.. More…