UK: Market response strong to Tate & Lyle's £200m bond issue
UK sugar and starch company Tate & Lyle has issued £200m (US$296.6m) of bonds. The deal was lead managed by Schroder Salomon Smith Barney (SSSB), together with HSBC. SSSB said that investors had reconfirmed their orders after CEO Larry Pillard stood down. The bond deal had been scheduled for last week but was delayed after Pillard announced he would step down.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- US food next wave on display at Winter Fancy Food
- Does Kraft Heinz want to swallow Unilever whole?
- Focus: Nestle CEO plan to balance sales, earnings
- Comment: Meal kits in US - don't believe the hype
- Wessanen eyes growth in "resurgent" organic market
- Kraft Heinz pulls Unilever bid
- Unilever launches operational review
- Kerry operating earnings strengthen on slow sales
- General Mills issues profit warning
- Glanbia focuses on nutrition with Irish dairy spin