Debt worries at Premier Archives - Just Food
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Debt worries at Premier

Premier in a pickle

Shares in Premier Foods gained today (13 January) after the UK’s largest food manufacturer posted a jump in full-year sales and announced that progress was being made in its drive to cut debt. However, to...

UK: Premier eyeing cash injection

UK: Premier eyeing cash injection

The heavily indebted UK food group Premier Foods is eyeing an injection of cash - possibly from private equity investment coupled with a rights issue - with a view to reducing its debts of GBP1.8bn (US$2.7bn).