JDE Peet’s prices EUR 600 million senior unsecured notes issue
Globenewswire·2025-12-04 17:15

Core Points - JDE Peet's has announced the pricing of EUR 600 million of senior unsecured notes, which will be issued on December 11, 2025, with a floating rate due in December 2027 [1][2] - The notes are part of JDE Peet's EUR 5 billion Debt Issuance Programme and will be listed on the Euro MTF market of the Luxembourg Stock Exchange [2] - Proceeds from the issuance will be utilized for general corporate purposes, including refinancing upcoming debt maturities [2] Company Overview - JDE Peet's is recognized as the world's leading pure-play coffee company, serving approximately 4,400 cups of coffee per second across more than 100 markets [4] - The company generated total sales of EUR 8.8 billion in 2024 and has a global workforce exceeding 21,000 employees [4] - JDE Peet's strategy focuses on brand-led growth, emphasizing three major brands: Peet's, L'OR, and Jacobs, along with a collection of nine local icons [4]

JDE Peet’s prices EUR 600 million senior unsecured notes issue - Reportify