RNS Number : 0467Z
Arla Foods Finance A/S
23 May 2016
Arla Foods amba
Aarhus, Denmark
INVESTOR ANNOUNCEMENT
23-05-2016
Arla successfully issues 1 billion SEK bonds
Arla Foods Finance A/S has today successfully priced an issuance of 5-year SEK bonds for a
principal amount of 1 billion SEK maturing on 31 May 2021 guaranteed by Arla Foods amba.
The bonds are split into two tranches:
SEK 500 million fixed with a coupon of 1.875%.
SEK 500 million floating rate with a coupon of STIBOR 3 month plus 1.75%
The notes will be issued under the company's 750 million euro European Medium Term Note (EMTN)
programme, which is listed on the Irish Stock Exchange. Danske Bank and Nordea are lead managers.
The issue refinances elements of Arla's existing bank debt.
"This is the fourth time Arla issues bonds in the Swedish market since our inaugural issue in
2011. We have today issued a fixed rate bond with the lowest coupon ever. Arla seeks to have a well-diversified funding base and
the Swedish bond market is an important part of our funding portfolio," says Arla Foods CFO, Natalie Knight.
The issue is targeted professional investors.
This announcement has been issued through the Companies Announcement Service of
The Irish Stock Exchange
This information is provided by RNS
The company news service from the London Stock Exchange
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