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IN BRIEF: Premier Foods closes offering of senior secured notes

7th Jun 2021 17:48

Premier Foods PLC - St Albans, England-based maker of Bisto gravy, Bird's custard and Mr Kipling cakes - Closes proposed bond offering of GBP330 million senior secured notes due October 15, 2026, with a coupon of 3.5% per annum. Proceeds will be used to redeem the GBP300 million fixed rate notes due 2023.

Current stock price: 110.00 pence

Year-to-date change: up 11%

By Arvind Bhunjun; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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