HKFoods (HKFOODS.HE) issued 90 million euros in senior secured notes due Sept. 18, 2030, according to a Wednesday release.
The four-year notes were priced at 100% and carry a floating interest rate of three-month Euro Interbank Offered Rate plus a 3.6% margin. They will be tradable on Nasdaq Helsinki's regulated market.
The Finnish food company earmarked the proceeds to refinance its outstanding notes due June 17, 2027.