Tereos roadshow of €400 million senior seven-year notes starts Thursday

By Michelle Anderson

Rochester, N.H., March 27 - Tereos will begin a roadshow for a €400 million offering of seven-year senior notes on Thursday, according to a market source.

Calyon is the bookrunner for the Rule 144A/Regulation S with no registration rights deal.

The notes will be non-callable for life.

Proceeds will be used to refinance a €300 million subordinated bridge loan.

The roadshow begins in London on Thursday and Friday, moves to Paris on April 3 and may make stops in Frankfurt, Amsterdam and Edinburgh. Pricing is set for the middle of the April 2 week.

Tereos is a Lille, France-based sugar producer.

© 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.