Nomad Foods launches repricing of $700m Term Loan B to reduce interest rate.

Nomad Foods Limited (NOMD) announced the launch of a repricing of its existing $700 million USD Term Loan B, aiming to reduce the interest rate charged on it. The repricing is anticipated to involve lender meetings later in the week. However, there is no guarantee that the repricing will occur or the terms it may take. This move is intended to cut costs for the European frozen food company.

April 22, 2024
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