France’s Tereos launches €400 million seven-year notes

By Paul A. Harris

Portland, Ore., June 7 – France-based sugar producer Tereos announced in financial documents filed on Tuesday that it plans to issue €400 million of seven-year bonds.

BNP Paribas will be involved with the sale, market sources say.

Proceeds will be used for general corporate purposes and for debt refinancing, including €170 million of bank debt at Tereos EU.

The company is based in Lille, France.

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