Findus Group Launches Proposed Offering of PIK Notes

Lion/Gem Luxembourg 3 S.à r.l. (“Lion/Gem”) today announced that its subsidiary, Findus PIK S.C.A., which is part of the Findus Group (“ Findus”, the “Company” or the “Group”), intends to offer €200 million in aggregate principal amount of PIK notes due 2019. The net proceeds from the proposed offering are expected to be used, together with cash at bank and in hand, by the Group through a series of transactions to partially repay an existing shareholder debt instrument.

Latest News

April 8, 2015

Findus Group Appoints Jørn-Gunnar Jacobsen as CEO of Findus Norway

Findus Group has today (Wednesday 8th April 2015) announced the… read more

April 7, 2015

Young’s Seafood Limited, part of Findus Group, Achieves Growth and Progress Following Change Programme

Financial highlights:   Increase in operating profit up to £25.2m… read more

March 10, 2015

The Spanish Competition Commission Approves the Purchase of “La Cocinera” by Findus Group

The acquisition will include the frozen ready meal business based… read more

March 4, 2015

Findus Group Chief Executive James Hill Gives Speech at Prestigious North Atlantic Seafood Forum

James Hill, the Chief Executive of Findus Group has today… read more

January 23, 2015

Findus Group Update – Q4 FY14

James Hill, the Chief Executive of Findus Group, said: “Findus… read more