Labeyrie obtains needed consents to amend 5 5/8% notes due 2021

By Jennifer Chiou

New York, June 26 – Labeyrie Fine Foods announced the receipt of the required consents to amend its 5 5/8% senior secured notes due 2021 in the solicitation that ended at 11 a.m. ET on June 26.

The company said it will execute and deliver a supplemental indenture on June 30.

As reported, Labeyrie asked holders to approve amendments that would add and modify definitions under the note terms in order to prevent triggering a change of control related to a planned merger with PAI Partners and Lur Berri.

The company needed consents for at least a majority of the outstanding notes.

The consent payment will be €5.00 for each €1,000 of principal amount of notes.

Lucid Issuer Services Ltd. (labeyrie@lucid-is.com and +44 (0)20 7704 0880) was the information and tabulation agent.

Labeyrie is a Cam, France-based specialty foods company.

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