Aryzta Euro Finance will not make interest payment due March 28, 2018

By Caroline Salls

Pittsburgh, Oct. 3 – Aryzta Euro Finance DAC will defer the interest due March 28, 2018 on its €250 million of perpetual callable subordinated securities, according to a news release.

The securities are unconditionally and irrevocably guaranteed on a subordinated basis by Aryzta AG.

The company said the interest will not be due and payable, or be paid, until the relevant payment reference date and for so long as it remains unpaid will constitute a deferred interest payment.

The company runs a specialty bakery business based in Zurich.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.