FDBusiness.com

Danone Launches a Successful €1 Billion Bond Issue

 Breaking News
  • Coca-Cola to Acquire Minority Stake in Sports Performance Brand Coca-Cola is taking a minority ownership stake in BODYARMOR, a fast-growing line of premium sports performance and hydration beverages. Through this strategic relationship, BODYARMOR will remain an independent company and gain access to the expansive Coca-Cola bottling and distribution system. The initial investment, which will be part of the Coca-Cola North America Venturing & Emerging Brands [...]...
  • UK Restaurants Toil in Summer Heat, While Pubs Make Hay July’s heatwave was good news for Britain’s pubs but heaped more pressure on the country’s restaurant chains, latest figures from the Coffer Peach Business Tracker show. Managed pub and bar groups saw collective like-for-like sales rise 2.7% against last July, while sales across restaurant groups plummeted, down a substantial 4.8% in like-for-like trading. Overall, the differing [...]...
  • Protein Solution Cuts Cream Cheese-making Process From 20 Hours to Just 30 Minutes Arla Foods Ingredients is launching one of the world’s fastest cream cheese manufacturing processes. Traditionally, cream cheese-making is a complex procedure that can take up to 20 hours and generates significant amounts of acid whey meaning it is inefficient, expensive and occupies valuable space on the production line. But thanks to a new whey protein ingredient [...]...
  • Qualvis Creates Distinctive Packaging For Thomas Fudge’s Rebrand Leading carton manufacturer, Qualvis, has recently produced a full packaging rebrand for artisan baker, Thomas Fudge’s. Covering their full sweet and savoury biscuit line-up of 7 packs, together with a new range of flatbreads, the packaging includes a fresh logo design and updated illustrations featuring beautiful, bold and colourful graphics by design agency, Big Fish. With [...]...
  • Valeo Foods Acquires Tangerine Confectionery For £100 Million Valeo Foods Group, the acquisitive Irish and international food business, is reported to have purchased Tangerine Confectionery of the UK for £100 million (€112 million) from Blackstone Group. The deal adds popular UK confectionery brands such as Dip Dab, Fruit Salad and Blackjack to Valeo Foods Group’s growing portfolio, and will increase annual turnover to [...]...

Danone Launches a Successful €1 Billion Bond Issue

Danone Launches a Successful €1 Billion Bond Issue
November 08
10:28 2013

Danone has announced the successful launch of a €1 billion 8-year bond issue. Funds raised will enable Danone to fund its growth and extend the maturity of its debt at favorable market conditions.

The €1 billion bond, priced at mid swap +53 basis points, pays a coupon of 2.25%, and was widely subscribed by a diversified investor base. The bonds will be listed on Euronext Paris. Danone is rated A- stable by Standard & Poor’s and A3 stable by Moody’s.

Present on five continents, Danone holds top positions in healthy food through four businesses: Fresh Dairy Products, Waters, Baby Nutrition and Medical Nutrition. Danone operates more than 190 production plants and employs around 102,000 people. In 2012, the company generated sales of over €20 billion, with more than 50% in emerging countries.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • September 5, 2018Int'l Food Products and Processing Technologies Exhibition (WorldFood Istanbul)
  • September 12, 2018Packaging Innovations & Luxury Packaging London 2018
  • September 15, 2018iba
  • September 25, 2018PPMA Show 2018
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements