Nomad Foods Secures $620 Million and €880 Million Term Loans in Refinancing Deal

Reuters
2025.10.30 10:55
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Nomad Foods Limited has secured a USD 620 million and a EUR 880 million term loan, both due in 2032, to refinance existing loans and support corporate purposes. The loans are priced at SOFR plus 2.5% and EURIBOR plus 2.5%, respectively. Additionally, the company extended its EUR 175 million Revolving Cash Facility to 2032. The transaction, arranged by Citibank, Deutsche Bank, and Jefferies, is expected to close on November 10, 2025, pending customary conditions.

Nomad Foods Limited has announced the pricing of two new term loans: a USD 620 million loan at SOFR plus 2.5% and a EUR 880 million loan at EURIBOR plus 2.5%, both due in 2032. Additionally, the company has extended the maturity of its EUR 175 million Revolving Cash Facility to 2032. The proceeds from the term loans will be used to repay existing loans, cover transaction expenses, and support general corporate purposes. The loans will be guaranteed and secured on a senior basis by Nomad Foods and certain subsidiaries. Mandated Lead Arrangers and Physical Bookrunners for the transaction include Citibank, Deutsche Bank, and Jefferies, with several other major banks acting as Joint Bookrunners. The transaction is expected to close on November 10, 2025, pending customary conditions. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nomad Foods Limited published the original content used to generate this news brief via PR Newswire (Ref. ID: NY10719) on October 30, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)