French processed vegetable group Bonduelle has raised US$165m through a bond offer to US investors.

The company, which raised $150m and EUR100m (US$127.1m) in 2000 and 2004 respectively, has decided to refinance a “significant portion” of its debt.

Earlier this year, Bonduelle bought Europe’s largest mushroom producer France Champignon from private-equity group Butler Capital Partners.

Bonduelle owns a range of canned and frozen vegetable businesses in Europe and Canada.