JDE Peet's prices EUR 600 million senior unsecured notes issue

Core Viewpoint - JDE Peet's has announced the pricing of EUR 600 million in senior unsecured notes, which will be issued on December 11, 2025, with a floating rate due in December 2027 [1][2]. Group 1: Financial Details - The notes will be priced at 3M EURIBOR + 70 basis points [1]. - The issuance is part of JDE Peet's EUR 5 billion Debt Issuance Programme and is expected to be listed on the Euro MTF market of the Luxembourg Stock Exchange [2]. Group 2: Use of Proceeds - Proceeds from the issuance will be utilized for general corporate purposes, including refinancing upcoming debt maturities [2]. Group 3: 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]. - In 2024, the company reported total sales of EUR 8.8 billion and employed over 21,000 individuals globally [4].