The international company in the field of food and agrotechnology "MHP" has placed Eurobonds for the amount of USD 450 million with a rate of 10.5% and a maturity date in 2029.
This is stated in the company's announcement on the London Stock Exchange, the Ukrainian News agency reports.
It is noted that the company intends to use the funds received from the sale to finance the tender offer and the redemption of the entire aggregate nominal value of USD 550 million of MHP bonds with a rate of 6.95% and a maturity date in 2026.
The issuer of the new securities was the subsidiary company MHP Lux S.A. (Luxembourg) with guarantees from the parent company MHP SE and its subsidiaries in Ukraine.
As the Ukrainian News agency earlier reported, at the end of April, the company "MHP" (Kyiv) announced the successful completion of the accession period within the framework of the Share Purchase Agreement (SPA) with the shareholders of Grupo UVESA, one of the leaders in the Spanish food industry market in the field of poultry meat production.
MHP is a vertically integrated complex of enterprises producing chicken, hatching eggs, feed, is engaged in crop production, cultivating 360,000 hectares of land, and produces chicken meat under the name Nasha Riaba.
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