Exhibit 5.1
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919 THIRD AVENUE NEW YORK, NY 10022-3908 | |  |
May 26, 2020
Silgan Holdings Inc.
4 Landmark Square
Stamford, Connecticut 06901
| Re: | Registration Statement on FormS-4 of Silgan Holdings Inc. |
Ladies and Gentlemen:
We have acted as special counsel to Silgan Holdings Inc., a Delaware corporation (the “Company”), in connection with the preparation of the Registration Statement on FormS-4 (the “Registration Statement”) filed by the Company with the Securities and Exchange Commission (the “Commission”) relating to the Company’s offer to exchange (i) $600,000,000 aggregate principal amount of its 41/8% Senior Notes due 2028 (the “New Dollar Notes”), which are to be registered under the Securities Act of 1933, as amended (the “Securities Act”), for the Old Dollar Notes (as defined below), and (ii) €500,000,000 aggregate principal amount of its 21/4% Senior Notes due 2028 (the “New Euro Notes” and, collectively with the New Dollar Notes, the “New Notes”), which are to be registered under the Securities Act, for the Old Euro Notes (as defined below).
The New Dollar Notes are to be offered by the Company in exchange for $600,000,000 aggregate principal amount of its 41/8% Senior Notes due 2028 that were issued and sold in transactions exempt from registration under the Securities Act (the “Old Dollar Notes”) and the New Euro Notes are to be offered by the Company in exchange for €500,000,000 aggregate principal amount of its 21/4% Senior Notes due 2028 that were issued and sold in transactions exempt from registration under the Securities Act (the “Old Euro Notes” and collectively with the New Euro Notes, the “Euro Notes”), all as more fully described in the Registration Statement. The Old Dollar Notes and the Old Euro Notes are collectively referred to herein as the “Old Notes.” The New Dollar Notes will be issued under that certain Indenture, dated as of November 12, 2019 (as supplemented, the “Dollar Indenture”) by and between the Company and U.S. Bank National Association, as trustee, and the New Euro Notes will be issued under that certain Indenture, dated as of February 26, 2020 (the “Euro Indenture” and together with the Dollar Indenture the “Indentures”), by and among the Company, U.S. Bank National Association, as trustee, Elavon Financial Services DAC, UK Branch, as paying agent in respect of the Euro Notes, and Elavon Financial Services DAC, as registrar and transfer agent in respect of the Euro Notes. Capitalized terms used herein and not otherwise defined shall have the meanings assigned to such terms in the prospectus (the “Prospectus”) contained in the Registration Statement.
This opinion letter is being delivered in accordance with the requirements of Item 601(b)(5) of RegulationS-K promulgated under the Securities Act.
In rendering the opinions set forth below, we have examined and are familiar with originals or copies, certified or otherwise identified to our satisfaction, of: (i) the Registration Statement, in the form filed with the Commission and as amended through the date hereof; (ii) the certificate of incorporation of the Company, as currently in effect; (iii) theby-laws of the Company, as currently in effect; (iv) execution copies of the Indentures; (v) the forms of the New Notes; and (vi) resolutions adopted by the Board of Directors of the Company authorizing, among other things, the filing of the Registration Statement and the issuance and exchange of the New Notes for the Old Notes. We have also examined originals, or copies certified to our satisfaction, of such corporate records of the Company and other instruments, certificates of public officials and representatives of the Company and other documents as we have deemed necessary as a basis for the opinions hereinafter expressed. In such examination, we have assumed the legal capacity of all natural persons executing documents, the genuineness of all signatures, the authenticity of all documents submitted to us as originals and the conformity with the originals of all documents submitted to us as copies. We have also assumed that all parties to the documents reviewed by us are duly organized, validly existing and in good standing under the laws of their respective jurisdictions of organization, and have full power and authority to execute, deliver and perform under such documents, and all such documents have been duly authorized,
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