28 Oct 16

Private placement information memorandum

NV Vandemoortele offers subscription to subordinated bonds through private placement.

Vandemoortele announces the offering of subordinated bonds with a seven-year duration, and for a maximum amount of € 75,000,000 by way of a private placement. Each bond has a denomination of € 100,000. The Bonds will be issued on 7 November 2016 and mature on 7 November 2023.

Read the pdf.

About Vandemoortele

Vandemoortele is a leading European food group that manufactures and sells high quality food products. Vandemoortele focuses on two activities: Bakery Products and Margarines, Culinary Oils & Fats.

In 2020  Vandemoortele realized a turnover of around EUR 1.2 billion with 4,500 employees. The Vandemoortele Group is present in 12 European countries and the United States, with its own sales organizations and/or production facilities. The head office is based in Ghent, Belgium.

News & Media Contact

Flore Couvreur
flore.couvreur@vandemoortele.com