PPC 2.39% $1.50 peet limited

News: PPC Peet Ltd intends to raise about $100 million by issuing bonds

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    May 10 (Reuters) - Peet Ltd (PPC) :

    • Says intends to raise approximately $100 million by issuing 1 million bonds

      with a face value of $100 each

    • Proceeds of offer will be used for refinancing $50 million Peet convertible

      notes issued in 2011 and due to mature 16 June 2016

    • Says proceeds will also be used to diversify peet's debt capital structure
                            
 
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