Jarden Corporation closed its sale of $492 million in 7 1/2% Senior Subordinated Notes due 2020.  The offering consisted of two tranches: a U.S. dollar tranche with aggregate principal amount of $275 million at a discount to yield 7 5/8% and a Euro tranche with aggregate principal amount of Euro 150 million (approximately $217 million) at a discount to yield 7 3/4%. 


The net proceeds to Jarden, after discounts and payment of underwriting and other expenses of the offering, are approximately $469 million.  Jarden expects to use a portion of the net proceeds of the offering to repay $250 million aggregate principal amount of term loans under its senior credit facility, with the balance for general corporate purposes.