Bloomberg News

Milkiland Signs $100 Million Four-Year Loan to Refinance Debt

January 03, 2012

Dec. 30 (Bloomberg) -- Milkiland NV, a Dutch company that owns dairy assets in Ukraine and Russia, signed a $100 million loan to refinance existing debt.

The four-year facility has a lower interest rate than the company’s existing loans and will be used for expansion including via mergers and acquisitions, the Amsterdam-based company said in a statement.

UniCredit SpA, Raiffeisen Bank International AG and Royal Bank of Scotland Group Plc were joint arrangers and bookrunners on the deal, according to the statement.

--Editor: Paul Armstrong

To contact the reporter on this story: Louise Meeson in London on lmeeson@bloomberg.net.

To contact the editor responsible for this story: Faris Khan at Fkhan33@bloomberg.net.


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