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Published on 1/26/2024 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

PRFoods to settle buyback of secured notes on Jan. 29

By Marisa Wong

Los Angeles, Jan. 26 – PRFoods AS said the settlement of its previously announced buyback of €1,423,500 nominal value, or about 13%, of its secured notes due Jan. 22, 2025 (ISIN: EE3300001577) will be carried out on Jan. 29, according to a press release.

PRFoods had postponed the buyback several times, as previously reported.

The settlement date was finally fixed in connection with the company completing a sale of a fish farming license, according to Friday’s press release.

The notes will be purchased at par plus accrued interest on the settlement date.

PRFoods is a food production company based in Tallinn, Estonia.


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