Jubilant FoodWorks Subsidiary Repays EUR 111.1M Facility, Guarantees Released

Jubilant FoodWorks Limited announced the release of corporate guarantees amounting to EUR 116,085,000. This follows the successful refinancing and repayment of an existing facility by its wholly owned subsidiary, Jubilant FoodWorks Netherlands B.V. (JFN). JFN availed a new facility of EUR 111,100,000 specifically for this repayment. Consequently, the previously issued corporate guarantees have been released, de-risking the parent company's financial obligations related to this subsidiary's debt.