Simmons Foods $550 million 5.75% notes issue

25/10/2017

Investment grade bond/note issue

Value:

$ 550 million

Status:

Completed

Date:

25/10/2017

Overview:

Simmons Foods has issued $550 million in senior notes.
The 5.75% notes are due 2024.
The issuer is an ingredient products supplier.
Proceeds will be used for debt repayments.
Wells Fargo Securities was the initial purchaser of the notes.

Katrin Kostadinova - Data analyst

Jurisdiction:

United States

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

United States

Industry sector:

Food and beverage

Firm:

Cahill Gordon & Reindel

Party: Wells Fargo Securities (Initial purchaser)

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