Nomad Foods Ltd. (NOMD) has released an update.
Nomad Foods Limited has announced its intention to reprice its $700 million Term Loan B to secure a lower interest rate, though the outcome and terms remain uncertain. Europe’s leading frozen food company, known for brands like Birds Eye and Findus, is engaging in lender meetings later this week to discuss the potential repricing. This move is part of Nomad Foods’ strategy to optimize its financial structure and continues its tradition of providing quality and nutritious food across its well-established brand portfolio.
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