:. Food Industry News


Bonduelle to Sell 150 Mln Euro Convertible Bond

Source: Reuters
29/06/2007

Paris, June 28 - French food producer Bonduelle said on Thursday it planned to issue 150 million euros worth of convertible bonds to fund its general activities and potential acquisitions.

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In a statement, it said each bond with a nominal face value of 1,000 euros would give holders the right to subscribe to 5 new Bonduelle shares at 113.75 euros each.

The bonds, maturing July 24, 2013, will carry interest of three month Euribor minus 0.335 percent, paid quarterly.

The issue will run from July 9 to July 13.



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