JDE Peet’s prices EUR 1 billion dual-tranche bond issue
November 28 2023 - 12:00PM
JDE Peet’s prices EUR 1 billion dual-tranche bond issue
PRESS RELEASE
Amsterdam, 28 November 2023
JDE Peet’s (EURONEXT: JDEP), the world’s leading
pure-play coffee and tea company by revenue, today announced it has
priced EUR 1 billion aggregate principal of bonds (the
“Notes”).
The Notes will be issued on 5 December 2023 and
comprise the following series:
- 6.2-year EUR 500 million 4.125%
Notes due 2030
- 10.2-year EUR 500 million 4.500%
Notes due 2034
The proceeds will be used for general corporate purposes and to
refinance existing debt facilities.
The Notes will be senior unsecured obligations with investment
grade terms, issued by JDE Peet’s N.V. under its EUR 5 billion Debt
Issuance Programme. It is expected that the Notes will be listed on
the EuroMTF market of the Luxembourg Stock Exchange.
Disclaimer
In the EEA and the United Kingdom, the offer of the Notes
referred to in this communication was limited to qualified
investors. The Notes have not been, and will not be, registered
under the US Securities Act of 1933, as amended (the “US Securities
Act”), or with any securities regulatory authority of any state or
other jurisdiction in the United States of America. The Notes may
not be offered or sold in the United States of America without
either registration of the securities or an exemption from
registration under the US Securities Act being applicable.
Accordingly, this communication is not for release, distribution or
publication, whether directly or indirectly and whether in whole or
in part, into or in the United States or any (other) jurisdiction
where any of such activities would constitute a violation of the
relevant laws of such jurisdiction.
# # #
Enquiries
MediaWill Hummel+31 6 39 17 72 80
Media@JDEPeets.com
Investors & AnalystsRobin Jansen+31 6 15 94
45 69
IR@JDEPeets.com
About JDE Peet’s
JDE Peet’s is the world's leading pure-play coffee
and tea company, serving approximately 4,200 cups of coffee or tea
per second. JDE Peet's unleashes the possibilities of coffee and
tea in more than 100 markets, with a portfolio of over 50 brands
including L’OR, Peet’s, Jacobs, Senseo, Tassimo, Douwe Egberts,
OldTown, Super, Pickwick and Moccona. In 2022, JDE Peet’s generated
total sales of EUR 8.2 billion and employed a global workforce of
more than 20,000 employees. Read more about our journey towards a
coffee and tea for every cup at www.jdepeets.com.
- jde-peets-prices-EUR-1-billion-dual-tranche-bond-issue
JDE Peets NV (EU:JDEP)
Historical Stock Chart
From Oct 2024 to Nov 2024
JDE Peets NV (EU:JDEP)
Historical Stock Chart
From Nov 2023 to Nov 2024