follow us:Google+ FacebookLinkedInTwitterRSS Feeds

advertisement

Pinnacle aims to refinance existing debt

By

Back to Top Comments Email Print

News You Can Use

Latest News

advertisement

Pinnacle Foods Inc., of Parsippany, announced Wednesday its indirect wholly owned subsidiary, Pinnacle Foods Finance LLC, intends to launch a refinancing of existing indebtedness outstanding under its senior secured credit facilities and its 8.25% senior unsecured notes due 2017.

In a release, Pinnacle Foods said the proposed refinancing is expected to reduce its annual interest expense and improve its debt maturity profile.

In connection with the proposed refinancing, Pinnacle Foods intends to redeem all $400 million outstanding principal amount of the notes on May 10.

Share This Story On:

Write to the Editorial Department at editorial@njbiz.com

advertisement

Comments


Be the first to comment.



Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
     View Comment Policy

Advanced search
Sponsored by
advertisement
  
  
advertisement
  
  
advertisement
Back to Top