Belgium's Univeg talks €265 million seven-year notes at 8% area yield

By Paul A. Harris

Portland, Ore., Nov. 7 - Univeg Holding BV talked its €265 million offering of seven-year senior secured notes with a yield in the 8% area, an informed source said on Thursday.

Books close at 7 a.m. ET on Friday, and the deal is set to price shortly thereafter.

Jefferies LLC, Petercam AS and KBC Bank are the joint bookrunners for the Rule 144A and Regulation S for life deal.

The notes come with three-years of call protection.

The Belgium-based company plans to use the proceeds to repay debt and for general corporate purposes.

Univeg is a vertically integrated sourcer and supplier of high-quality fresh fruits and vegetables.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.