By D. Alexaki
A forthcoming bond issue worth 420 million euros by Fage International, the holding company for the Greek yoghurt and dairy producer, was heavily oversubscribed, according to reports by “N”.
Offers reportedly totaled 5.5 billion euros for the offer, which matures in 2026.
According to sources, the interest rate for the bond issue reaches the 5.62-percent mark.
New securities will be jointly issued by Fage International and Fage USA.
