Loan & DebtJul 22, 2026, 05:01 PM
Nomad Foods Prices €800M Senior Secured Notes Due 2033
AI Summary
Nomad Foods announced the pricing of €800.0 million aggregate principal amount of 5¼% Senior Secured Notes due 2033. The company intends to use the proceeds to refinance its existing €800.0 million Senior Secured Notes due 2028, extending its next material long-term debt maturity to 2032. Additionally, Nomad Foods expects to increase its revolving credit facility commitments by €105.0 million to an aggregate of €280.0 million. The refinancing and RCF upsize are expected to close on July 30, 2026.
Key Highlights
- Priced €800.0 million Senior Secured Notes due 2033.
- Notes carry an interest rate of 5¼%.
- Proceeds to refinance €800.0 million existing notes due 2028.
- Extends next material long-term debt maturity to 2032.
- Revolving credit facility to increase by €105.0 million to €280.0 million.
- Refinancing and RCF upsize expected to close on July 30, 2026.
Price Impact
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