Eden Coffee

American packaging company, Reynolds Group Holdings has announced a $800m-worth offering of senior notes due 2024 to the public. The company will also be offering $2.1bn-worth of senior secured fixed rate notes due 2023, and senior secured floating rate notes due 2021 to the public.

All the proceeds from the offering are expected to be used for repayment of the $691m principal amount due 2019 on maturity of its 9.875% notes, and repayment of other undisclosed principal amounts due 2017 and 2019 respectively.

US Foods Holding has announced senior notes due 2024 and worth $600m for sale to the public at a 5.875% a year rate of interest.

The amount collected will be used for the repayment of its previous unpaid loans and outstanding amount of senior notes due 2019.

US Foods Holding distributes food products to several sectors, including hospitality, healthcare, and education.

Canada-based beverage products seller Cott Corporation intends to offer senior notes due 2024 and worth $605.21m through a private offering.

The amount collected will be used to acquire Eden Springs (Europe) SA, a purified water and coffee vending machines supplier based in Switzerland.


Image: Coffee vending machine supplier Eden Springs SA will soon be acquired by US Foods Holding Corp. Photo: Courtesy of trophygeek.