Provided By PR Newswire
Last update: Oct 30, 2025
WOKING, England, Oct. 30, 2025 /PRNewswire/ -- Nomad Foods Limited ("Nomad Foods" or the "Company") today announces that it has priced both a USD 620 million term loan bearing interest at a rate per annum equal to the SOFR rate plus 2.5% due 2032 and a EUR 880 million term loan bearing interest at a rate per annum equal to EURIBOR plus 2.5% due 2032 (collectively the "Term Loans"). In conjunction with this, the Company has also extended the duration of its Revolving Cash Facility of EUR 175 million to 2032. The Company intends to use the net proceeds from the Term Loans to repay its existing loans, for transaction expenses and general corporate purposes. The Term Loans will be guaranteed and secured on a senior basis by the Company and certain of its subsidiaries. The Term Loans are expected to close on November 10, 2025, subject to customary closing conditions. Citibank, Deutsche Bank and Jefferies acted as Mandated Lead Arrangers and Physical Bookrunners, with BNP Paribas, Credit Agricole, Goldman Sachs, Morgan Stanley, NatWest and Rabobank as additional Joint Bookrunners.
Read more at prnewswire.com12.12
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