UNIVEG in €285 Million High-Yield Offering and €90 Million Senior Facility Agreement

November 15, 2013

Cleary Gottlieb represented UNIVEG Holding B.V. in its debut bond offering of €285 million of 7.875% Senior Secured Notes due 2020 and entry into a €90 million Senior Facility Agreement. The offering, which closed on November 15, was managed by Jefferies International Limited, KBC Bank NV and Petercam NV as initial purchasers, while the Senior Facility Agreement was arranged by KBC Bank NV, ABN Amro Bank N.V. and ING Belgium SA/NV.

UNIVEG is a vertically integrated world leader in the sourcing and supply of high-quality fresh and fresh-cut fruit and vegetables that has successfully developed a strong global presence in the fresh produce market and strategically complementary products and services, with operations in Europe, the Americas, Africa and Asia.