Nutreco issues USD 250 million private placement
(Thomson Reuters ONE) -
Nutreco has issued USD 218 million and EUR 25 million in senior notes in a
private placement. The proceeds will be used to refinance existing bank debt and
for other corporate purposes.
The senior notes, with an average fixed interest of 3.7%, consist of three USD
tranches with maturities of five, seven and ten years and a seven year EUR
tranche. The issuance was well oversubscribed and the notes have been placed
with 15 existing and new institutional investors.
Gosse Boon, CFO and member of Nutreco's Executive Board: "After our successful
issuances in 2004 and 2009, Nutreco has again raised long-term debt from the
private placement market to further diversify its funding structure and to
extend its debt maturity profile. The notes contribute to Nutreco's objective to
maintain a healthy capital structure to support our strategy 'Ambition 2016 -
driving sustainable growth'."
* * * * *
Nutreco
Nutreco is a global leader in animal nutrition and fish feed. Our advanced feed
solutions are at the origin of food for millions of consumers worldwide.
Quality, innovation and sustainability are guiding principles, embedded in the
Nutreco culture from research and raw material procurement to products and
services for agriculture and aquaculture. Experience across 100 years brings
Nutreco a rich heritage of knowledge and experience for building its future.
Nutreco employs approximately 10,000 people in 30 countries, with sales in 80
countries. Nutreco is listed on the NYSE Euronext stock exchange in Amsterdam
and had an annual revenue of EUR 4.7 billion in 2011.
www.nutreco.com
For more information:
Jurgen Pullens, Director Investor Relations and Corporate Communications,
Nutreco
Telephone: +31 (0)33 422 6134
Mobile: +31 (0)6 515 99483
E-mail: jurgen.pullens(at)nutreco.com
Nutreco issues USD 250 million private placement:
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Source: Nutreco via Thomson Reuters ONE
[HUG#1626029]
Unternehmensinformation / Kurzprofil:
Datum: 12.07.2012 - 07:01 Uhr
Sprache: Deutsch
News-ID 164563
Anzahl Zeichen: 2746
contact information:
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