FELTHAM, England, April 18, 2017 /PRNewswire/ -- Nomad Foods
Limited ("Nomad Foods" or the "Company") announces that Nomad Foods
BondCo Plc (the "Issuer"), an indirect, wholly-owned subsidiary of
the Company, intends to offer €500.0 million aggregate principal
amount of senior secured notes due 2024 (the "Notes"), subject to
market and other customary conditions (the "Offering"). The
Notes would be guaranteed on a senior basis by the Company and
certain of its subsidiaries. The Company intends to use the
proceeds of the Offering, along with the proceeds of an anticipated
refinancing of its senior credit facilities, to refinance in full
its existing outstanding euro and sterling denominated term loans
and the Issuer's existing floating rate senior secured notes due
2020 (the "Existing Notes"). The Issuer expects to redeem the
Existing Notes, subject to the completion of the offering of the
Notes and receipt of the proceeds thereof. No assurance can be
given that the Offering will be completed, or, if completed, as to
the terms on which it will be completed.
About Nomad Foods
Nomad Foods (NYSE: NOMD) is a leading frozen foods company
building a global portfolio of best-in-class food companies and
brands within the frozen category and across the broader food
sector. Nomad Foods produces, markets and distributes brands in 17
countries and has the leading market share in Western Europe. The Company's portfolio of
leading frozen food brands includes Birds Eye, Iglo, and
Findus.
Important Regulatory Notice
This announcement is for information purposes only and does
not constitute an offer to sell or the solicitation of an offer to
buy the Notes or any other security and shall not constitute an
offer, solicitation or sale in the United
States or in any jurisdiction in which, or to any persons to
whom, such offering, solicitation or sale would be
unlawful.
The Notes and any related guarantees have not been, and will
not be, registered under the U.S. Securities Act of 1933, as
amended (the "Securities Act"), or any U.S. state securities laws,
and may not be offered or sold within the
United States or to, or for the account or benefit of, U.S.
persons except pursuant to an exemption from, or in a transaction
not subject to, the registration requirements of the Securities
Act. Accordingly, the Notes and any related guarantees are being
offered and sold in the United
States only to qualified institutional buyers in accordance
with Rule 144A under the Securities Act and to non-U.S. persons in
offshore transactions outside the United
States in accordance with Regulation S under the Securities
Act.The offer and sale of the Notes will be made pursuant to an
exemption under the Prospectus Directive, as implemented in Member
States of the European Economic Area, from the requirement to
produce a prospectus for offers of securities. This announcement
does not constitute an advertisement for purposes of the Prospectus
Directive.
This announcement contains ''forward-looking statements''
that are based on estimates and assumptions and are subject to
risks and uncertainties. Forward-looking statements are all
statements other than statements of historical fact or statements
in the present tense, and can be identified by words such as
"targets", "aims", "aspires", "assumes" ''believes'',
''estimates'', ''anticipates'', ''expects'', ''intends'', "hopes",
''may'', ''would'', ''should'', "could", ''will'', ''plans'',
''predicts'' and ''potential'', as well as the negatives of these
terms and other words of similar meaning. The forward-looking
statements in this announcement, including expectations regarding
the Company's ability to consummate the offering, the related
refinancing and the expected terms of such Notes or refinancing,
are made based upon the Company's estimates, expectations and
beliefs concerning future events affecting the Company and are
subject to a number of known and unknown risks and uncertainties.
The Company cautions that these forward-looking statements are not
guarantees and that actual results could differ materially from
those expressed or implied in these forward-looking statements.
Undue reliance should, therefore, not be placed on such
forward-looking statements. Any forward-looking statements
contained in this announcement apply only as at the date of this
announcement and are not intended to give any assurance as to
future results.
This announcement contains inside information by Nomad Foods
BondCo Plc under Regulation (EU) 596/2014 (16 April 2014).
CONTACT: Primary IR Contact: John
Mills, Partner, ICR, Inc., Phone: 646-277-1254, E-mail:
John.Mills@icrinc.com