France’s Tereos starts roadshow for €400 million seven-year notes

By Paul A. Harris

Portland, Ore., June 7 – France-based sugar producer Tereos began a roadshow on Tuesday for a €400 million offering of seven-year bonds, according to a London-based sellside source.

BNP Paribas, Natixis and Rabobank are the global coordinators.

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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