Danone raises €6.2 billion

28 Oct 2016

Danone has announced the successful launch of a €6.2 billion multi-tranche bond issue which will enable it to finance part of the acquisition of WhiteWave and to reduce the amount of its bridging loan.

Danone raises €6.2 billion

Danone has announced the successful launch of a €6.2 billion multi-tranche bond issue which will enable it to finance part of the acquisition of WhiteWave and to reduce the amount of the bridging loan that was contracted in July 2016 from its main banks, after settlement of the bond issue.

The company said that the bond issue was widely subscribed by a diversified investor base.