Nomad Foods announces launch of senior secured notes due 2024

|About: Nomad Foods Ltd. (NOMD)|By:, SA News Editor

Nomad Foods BondCo Plc, an indirect, wholly-owned subsidiary of the Nomad Foods Limited (NYSE:NOMD) intends to offer €500M aggregate principal amount of senior secured notes due 2024.

The Company intends to use the proceeds of the offering, along with the proceeds of an anticipated refinancing of its senior credit facilities, to refinance in full its existing outstanding euro and sterling denominated term loans and the Issuer's existing floating rate senior secured notes due 2020.

Press Release