Barry Callebaut has mandated Credit Suisse, ING, Rabobank and Société Générale as joint lead managers and active bookrunners for the issue of the Notes pursuant to Reg S only. The Notes will be guaranteed by certain material subsidiaries of the Company. The Notes will rank pari passu with all other senior, unsecured, unsubordinated debt.
The proceeds of the offering will be used to repay certain existing indebtedness of the Company and for general corporate purposes, as well as to pay for related fees and expenses. The transaction will enhance the Company’s financial and operational flexibility as well as its liquidity profile.
An investor roadshow in Europe will commence on Wednesday May 11, 2016. It is expected that the Notes will be listed on the Official List of the Luxembourg Stock Exchange and admitted to trading on the Euro MTF Market of the Luxembourg Stock Exchange.