Sligro Food Group places seven-, 10-year notes valued at €115 million

By Lisa Kerner

Charlotte, N.C., Oct. 25 - Sligro Food Group NV completed a U.S. private placement of seven- and 10-year notes representing a euro countervalue on conversion of €115 million, according to the company's third-quarter trading update.

The fixed U.S. interest rate has been converted to a fixed euro rate of just under 3.5% for the seven-year notes and slightly under 4% for the 10-year notes, Sligro said.

Sligro is a food retail and foodservice company based in Veghel, the Netherlands.

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