SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  ------------

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934



        Date of Report (Date of earliest event reported): August 1, 1995


                              SILGAN HOLDINGS INC.
             ------------------------------------------------------  
             (Exact name of registrant as specified in its charter)



    Delaware                   33-28409                        06-1269834
- ----------------           ------------------------       -------------------
(State or other            (Commission File Number)           (IRS Employer
 jurisdiction of                                          Identification No.)
 incorporation)



4 Landmark Square, Stamford, Connecticut             06901
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(Address of principal executive offices)          (Zip Code)


Registrant's telephone number, including area code: (203) 975-7110





Item 5: Other Events.
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              On August 1, 1995, Silgan Corporation ("Silgan"), a Delaware
corporation and wholly owned subsidiary of Silgan Holdings Inc. ("Holdings"),
and Silgan's wholly owned subsidiaries, Silgan Containers Corporation
("Containers") and Silgan Plastics Corporation ("Plastics"), entered into a new
$675,000,000 credit facility with its lenders. Proceeds of the new credit
facility were used to finance Containers' acquisition of the assets of the Food
Metal & Specialty division of American National Can Company, to refinance in
full Silgan's, Containers' and Plastics' prior credit facility and Silgan's
$50,000,000 Senior Secured Floating Rate Notes due 1997, and for other general
corporate purposes. Under the new credit facility, Holdings may repurchase at
any time up to $75,000,000 of its 13 1/4% Senior Discount Debentures due 2002
(the "Debentures"). Holdings intends to complete its repurchase of up to
$75,000,000 of its Debentures no later than June 30, 1996.



                                   SIGNATURES


        Pursuant to the  requirements  of the  Securities  Exchange  Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.

                                        SILGAN HOLDINGS INC.



                                        By: /s/Harley Rankin, Jr.
                                            ---------------------
                                            Harley Rankin, Jr.
                                            Executive Vice President,
                                            Chief Financial Officer
                                            and Treasurer


Date:  August 2, 1995