US private-label food group Ralcorp Holdings is to offer US$450m in notes to help fund its planned acquisition of pasta maker American Italian Pasta Co.
US private-label food group Ralcorp Holdings is to offer US$450m in notes to help fund its planned acquisition of pasta maker American Italian Pasta Co.
The company said yesterday (21 July) that it would use the net proceeds to fund, in part, its plan to buy AIPC for $1.2bn.
Credit Suisse Securities (USA), J.P. Morgan Securities and Wells Fargo Securities are acting as joint book-running managers for the offering, Ralcorp said.
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