arrow_first

Del Monte’s CFO: Clean the balance sheet and repay debt

Del Monte will issue 36 million US dollar-denominated preferred shares at $10 per share to repay debt that it incurred when it acquired US-based Del Monte Foods Corp’s consumer business in 2013.
Del Monte’s CFO: Clean the balance sheet and repay debt

Del Monte Pacific, the Philippines-headquartered fruits company, is set to offer up to 36 million preferred shares at a maximum price of $10 per share in late January, in order to repay debt that it accumulated when the firm acquired US-based Del Monte Corporation in late 2013.

Sign-in to access CorporateTreasurer content.

Please sign in to your subscription to unlock full access to our premium CT resources.

Free Registration & 7-Day Trial

Register now to enjoy a 7-day free trial. Click the link to get started.

Note: This free trial is a one-time offer. You are eligible for one free trial per year.

If you are a treasurer, CFO or senior finance professional at a corporate, please register to the website here.

Questions?

If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.
© Haymarket Media Limited. All rights reserved.
Sign up for CorporateTreasurer’s Newsletter
Top news, insights and analysis every Tuesday & Thursday
Free registration gives you access to our email newsletters
Become a CorporateTreasurer Subscriber
for unlimited access to all articles, newsletters