JDE Peet s N.V.: JDE Peet s successfully prices inaugural EUR 2 billion multi-tranche bond issue
Key highlights
Debut bond offering represents another milestone in the evolution of JDE Peet s, providing access to debt capital markets
EUR 2 billion priced across three tranches in the investment grade bond market with a weighted average coupon of 0.469% and a weighted average tenure of 7.6 years
Bond issuance will be used to refinance existing debt facilities at attractive interest rates and further balances the maturity profile
JDE Peet s (EURONEXT: JDEP), the world s largest pure-play coffee and tea group by revenue, today announced that it has priced EUR 2 billion aggregate principal of bonds (the Notes ).