Arla Foods Broadens Its Funding Base

 Breaking News
  • Building the Unilever of the Future Unilever has announced the next steps in its transformation into a simpler, more agile and more focused business. The changes are designed to further drive long-term performance and shareholder value, and build upon the company’s Connected 4 Growth programme. Unilever will simplify its corporate structure. This entails moving from two legal entities – Unilever NV and [...]...
  • Irish Whiskey Association Welcomes 14% Increase in Exports in 2017 Irish whiskey exports recorded a 14.2% increase in value in 2017, according to the Central Statistics Office’s (CSO) 2017 Trade Statistics report. Irish whiskey is exported to over 135 international markets. The category saw a 16.7% increase in exports to the US, its largest export market; a 15.7% increase in exports to Canada and 9.2% increase in [...]...
  • 1 in 5 Meals Eaten Out of Home as European Consumers Favour Service Over Home Cooking More flexible menus and an increase of meal occasions from breakfast and all day brunch through to dinner has led to a €4.1 billion increase in food service sales in 2017 to €335.9 billion according to a new report launched by IRI GIRA Foodservice. One in five meals (18% of all meals) are consumed outside the [...]...
  • Nestlé UK & Ireland Cuts More Than 60 Billion Calories in Just Three Years The amount of sugar in Nestlé’s UK and Irish products has been reduced by more than 2.6 billion teaspoons since 2015 thanks to an ongoing, intensive programme of innovation and reformulation. A report, issued by Nestlé, reveals that more than 60 billion calories have also been removed from Nestlé UK & Ireland’s portfolio in the [...]...
  • Müller Targets New Segments of UK Yogurt Category Müller UK & Ireland has announced two new yogurt products as it continues to develop, manufacture and market a new generation of branded yogurt and desserts products. The dairy company, which is the Official Yogurt of British Athletics*, has revealed Müller Quark Yogurt and Müller Corner Lactose Free*, with both products launching in March and May [...]...

Arla Foods Broadens Its Funding Base

Arla Foods Broadens Its Funding Base
May 27
11:35 2016

International dairy group Arla Foods has successfully priced an issuance of 5-year SEK bonds for a principal amount of SEK1 billion maturing on 31 May 2021 guaranteed by Arla Foods amba.

The bonds are split into two tranches: SEK500 million fixed with a coupon of 1.875%, and SEK500 million floating rate with a coupon of STIBOR 3 month plus 1.70%

The notes will be issued under the company’s Eur750 million 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.

Arla Foods wishes to establish the broadest possible financing platform without compromising the company’s ownership structure. Consequently this is the fourth time Arla Foods has issued bonds to professional investors since 2011 as a supplement to other financing sources.

The bond issue does not affect Arla’s ownership structure and its 100 per cent ownership by its members, the dairy farmers. Arla Foods is owned by 12.700 farmers from Denmark, Sweden, the UK, Germany, Belgium, Luxemburg and the Netherlands.


About Author



Related Articles

Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • March 18, 2018ProWein
  • March 21, 2018World Olive Oil Exhibition
  • March 28, 2018FOOD INDUSTRY
  • April 4, 2018The leading event for the snack and food-on-the-go market
AEC v1.0.4

Jobs: Finance

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber

Subscribe Here