Bonduelle signed a 300 million euros revolving credit facility

Bonduelle took up revolving credit in a value of 300 million euros to refinance the Kelet Food  and the other two canning factories, that were bought at the beginning of the year – announced Bonduelle in Paris.

This financial operation provides the Group greater financial flexibility, increased liquidity at extremely competitive rates and enhances its average financing cost, currently restricted at 3.5% while extending the maturity of its debt.

This refinancing clearly shows the renewed support from the Group's past pool of banks, and also reveals the trust and interest of new financial partners. It will enable the group to pursuit its activity development and international expansion.

For this operation the Bonduelle Group was advised by bfinance, consultants in financial operations in Paris and Wilkie Farr & Gallagher also in Paris, a law firm. Banks were advised by the Hogan Lovells law firm. (MTI)