WOKING, England, April 22,
2024 /PRNewswire/ -- Nomad Foods Limited ("Nomad
Foods" or the "Company") today announced the launch of an
anticipated repricing of its existing USD denominated Term Loan B
of USD 700 million (the "Term Loan")
with lender meetings anticipated to follow later this week (the
"Repricing"). The Repricing is intended to reduce the interest rate
charged on the Term Loan.
There can be no assurance that the Repricing will occur, or, if
it does, as to the terms of the Repricing. This press release is
for informational purposes only and does not constitute an offer to
sell or a solicitation of an offer to buy securities, nor shall
there be any sale of securities in any state or jurisdiction in
which the offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction.
About Nomad Foods
Nomad Foods (NYSE: NOMD) is
Europe's leading frozen food
company. The Company's portfolio of iconic brands, which includes
Birds Eye, Findus, iglo, Ledo and
Frikom, have been a part of consumers' meals for
generations, standing for great tasting food that is convenient,
high quality and nutritious. Nomad Foods is headquartered in the
United Kingdom. Additional
information may be found at www.nomadfoods.com.
Enquiries
Investor Relations Contact
Amit Sharma, Head of Investor
Relations
amit.sharma@nomadfoods.com
Forward-Looking Statements
This press release 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 press release
include, but are not limited to, expectations regarding the
Company's ability to consummate the Repricing of the Term Loan and
the expected reduction of interest rates thereon. Such
forward-looking statements are based on numerous assumptions
regarding the Company's present and future business strategies and
the environment in which it will operate, which may prove not to be
accurate. 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. The Company will update this announcement as
required by applicable law, including the Prospectus Rules, the
Listing Rules, the Disclosure and Transparency Rules, and any other
applicable law or regulations, but otherwise expressly disclaims
any obligation or undertaking to update or revise any
forward-looking statement, whether as a result of new information,
future developments or otherwise.
This press release constitutes a public disclosure of inside
information by Nomad Foods Limited under Regulation (EU) 596/2014
(16 April 2014) and Implementing
Regulation (EU) No 2016/1055 (10 June
2016). The person responsible for making this release on
behalf of Nomad Foods Limited is Samy Zekhout, Chief Financial
Officer.
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SOURCE Nomad Foods Limited