Iseq-listed Aryzta looks increasingly unlikely to dispose of its stake in Irish-based agriculture group Origin Enterprises, as has long been rumoured, after the company successfully raised 300 million Swiss francs in new debt.
Speculation about the Irish-Swiss bakery group's plans had been linked to its need to refinance debts falling due in October 2014. Two weeks ago, however, Aryzta strengthened its footing by selling a hybrid bond for the equivalent of €246.6 million). The proceeds will...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team