Ready Meals

Nomad Foods Closes Refinancing Transaction

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Nomad Foods Limited on May 3 announced the completion of a private offering of a €400 million aggregate principal amount of 3.250% senior secured notes due in 2024.

The Feltham, England-headquartered frozen food company, which distributes Birds Eye, Iglo and Findus retail brands in 17 European countries, also announced that it has closed the refinancing of existing senior credit facilities. This followed prepayment and establishment of new €500 million and $610 million term facilities with maturing dates extending to May of 2024.

As part of the refinancing, Nomad Foods extended the maturity of its €80.8 million revolving facility until May of 2023.