Nomad Foods (NYSE: NOMD) to refinance €800m debt with 2033 notes
Rhea-AI Filing Summary
Nomad Foods Limited, through its wholly owned subsidiary Nomad Foods Bondco Plc, has priced an offering of €800.0 million aggregate principal amount of 5¼% Senior Secured Notes due 2033. The company intends to use the gross proceeds to refinance in full the Issuer’s existing €800.0 million Senior Secured Notes due 2028, which would extend its next material long-term debt maturity to 2032.
The new notes will be guaranteed and secured on a senior basis by Nomad Foods and certain subsidiaries. In connection with this Refinancing, the company expects, contingent upon completion, to increase commitments under its revolving credit facility by €105.0 million to €280.0 million. The Refinancing and RCF Upsize are expected to close and become effective on July 30, 2026, subject to customary closing conditions, and the notes are being sold only to institutional and other qualified investors under Rule 144A, Regulation S and related European and UK exemptions.
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Key Figures
Key Terms
Senior Secured Notes financial
Rule 144A regulatory
Regulation S regulatory
Prospectus Regulation regulatory
EU PRIIPs Regulation regulatory
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