Unilever completes refinancing of Bestfoods acquisition

The issue is in the name of Unilever PLC and comprises a £ 125m Floating Rate Note and a $ 375m Floating Rate Note, both with a maturity of 1 year and 1 day. The issue will be documented under Unilever’s debt issuance programme.

Lead managers for the issue are Deutsche Bank and HSBC. Co-lead managers are ABN AMRO, BNP Paribas, Goldman Sachs, IBJ, JP Morgan, SSSB and UBS Warburg.

Unilever Group Treasurer Jan Haars commented: “Following the strong demand for Unilever debt on our recent issues, we took the opportunity to conclude the refinancing of the Bestfoods transaction for this year.”