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Ireland’s Moy Park plans £100 million tap of 6¼% notes due 2021
By Paul A. Harris
Portland, Ore., April 13 – Moy Park Holdings (Europe) Ltd. plans to make a £100 million tap of its 6¼% notes due May 29, 2021 (B1/B+), according to market sources.
Deutsche Bank is the lead manager.
The Ireland-based poultry producer plans to use the proceeds to fund a distribution to Marfrig Global Foods SA, its parent.
The original £200 million issue priced at par on May 23, 2014.
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