Ardagh forced to repay VNA acquisition bonds
January 13, 2014 at 14:34 PM EST
NEW YORK, Jan 13 (IFR) - Irish packaging firm Ardagh said on Monday that it would repay the USD1.6bn-worth of high-yield bonds it issued to finance its purchase of Verallia North America (VNA) after failing to meet a crucial deadline with US regulators on the acquisition.