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Nomad Foods prices €800M senior secured notes due 2033

Bank of America GAAP EPS of $0.88 beats by $0.05, revenue of $25.2B beats by $260M
Nomad Foods prices €800M senior secured notes due 2033

Nomad Foods' (NOMD) subsidiary, Nomad Foods Bondco Plc, priced an offering of €800M in 5.25% senior secured notes due 2033. The proceeds will be used to fully refinance the existing €800M senior secured notes due 2028. The refinancing is expected to extend the company's next major long-term debt maturity to 2032. The company also expects to increas...

  • Nomad Foods' (NOMD) subsidiary, Nomad Foods Bondco Plc, priced an offering of €800M in 5.25% senior secured notes due 2033.
  • The proceeds will be used to fully refinance the existing €800M senior secured notes due 2028.
  • The refinancing is expected to extend the company's next major long-term debt maturity to 2032.
  • The company also expects to increase its revolving credit facility by €105M, raising total commitments to €280M, subject to the refinancing closing.
  • The new notes will be guaranteed and secured by Nomad Foods and certain subsidiaries.
  • The refinancing and credit facility increase are expected to close on July 30, 2026.
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