France’s Labeyrie plans to call €355 million secured notes due 2021

By Susanna Moon

Chicago, April 3 – Labeyrie Fine Foods SAS plans to redeem its €355 million of senior secured notes due 2021 using proceeds of new loans in April.

Labeyrie plans to obtain a new term loan B facility and revolving credit facility, according to a company announcement.

The redemption is contingent on completion of the refinancing, and the company said it cannot assure that it will redeem the notes when the refinancing closes.

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

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