Bonduelle: successfully refinances an acquisition.
(CercleFinance.com) - Bonduelle has announced that it has finalised, under particularly attractive conditions, the refinancing operations related to the acquisition of the company Ready Pac Foods.
The group has completed the acquisition of Ready Pac Foods for a total of 409 million dollars.
The deal was financed by a bridge loan of 279 million dollars with an initial term of one year and a bank loan of 130 million dollars amortisable over five years.
Bonduelle has decided to increase its share of bank funding from 130 million dollars to 200 million dollars.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
The group has completed the acquisition of Ready Pac Foods for a total of 409 million dollars.
The deal was financed by a bridge loan of 279 million dollars with an initial term of one year and a bank loan of 130 million dollars amortisable over five years.
Bonduelle has decided to increase its share of bank funding from 130 million dollars to 200 million dollars.
Copyright (c) 2017 CercleFinance.com. All rights reserved.