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Domestic bonds: Fruit Farm Group, 5.75% 31dec2020, EUR (BE6274385374)

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Foreign bonds, Senior Unsecured

Status
Redemption default
Amount
60,000,000 EUR
Placement
***
Redemption (put/call option)
*** (-)
ACI on
Country of risk
Netherlands
Current coupon
-
Price
-
Yield / Duration
-
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Calculate in two clicks! yield, duration and other parameters
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  • Placement amount
    60,000,000 EUR
  • Outstanding amount
    60,000,000 EUR
  • Face value
    100,000 EUR
  • ISIN
    BE6274385374
  • CFI
    DBFNDR
  • FIGI
    BBG007NRS767
  • Ticker
    FRTFRM 5.75 12/31/20

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Quotes from market participants are indicative

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Issue information

Profile
The Fruit Farm Group was created at the end of 2014 by the shareholders of UNIVEG. The objective is to provide a number of UNIVEG companies, with farming, packing and export activities, the financial means to ...
The Fruit Farm Group was created at the end of 2014 by the shareholders of UNIVEG. The objective is to provide a number of UNIVEG companies, with farming, packing and export activities, the financial means to unlock their full potential. The Fruit Farm Group's operations are geographically spread over 6 countries and 3 continents, and have a diversified product portfolio. They are currently growing some of the most wanted fruit varieties and benefit from guaranteed market access through a sales, marketing and distribution agreement with UNIVEG, a worldwide supplier of fresh produce, active in the fields of Fruit & Vegetables, Flowers & Plants, Convenience products, Transport & Logistics.
  • Issuer
    Go to the issuer page
    Fruit Farm Group
  • Full borrower / issuer name
    Fruit Farm Group
  • Sector
    Corporate
  • Industry
    Food and Beverage Production
Volume
  • Placement amount
    60,000,000 EUR
  • Outstanding amount
    60,000,000 EUR
Face value
  • Face value
    100,000 EUR
Listing
  • Listing
    ***

Cash flow parameters

  • Reference rate
    ***
  • Coupon Rate
    ***
  • Day count convention
    ***
  • Interest Accrual Date
    ***
  • Coupon frequency
    *** time(s) per year
  • Payment currency
    ***
  • Maturity date
    ***

Early redemption terms

***

Debt Servicing

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Placement

  • Placement method
    Open subscription
  • Placement
    ***
  • Initial issue price (yield)
    (***%)
  • Geographic breakdown
    ***
  • Investor breakdown
    ***
  • The purpose of placing
    1. Overview We estimate that the gross proceeds from the Offering will be approximately EUR 60,000,000. The company intends to use the gross proceeds from the Offering, together with the proceeds from the Contribution, to: -Finance the EUR 80,000,000 purchase price under the Acquisition Agreement for the acquisition by The Fruit Farm Group B.V. of 100% of the shares in the capital of Global Farms B.V. from Univeg Holding B.V.; -Repay certain of our existing indebtedness; -Start our capital expenditure plan as further described below in Business Description of the Issuer and of the Six Farms; and - Pay fees and expenses incurred in connection to the Notes, including commissions.
Participants
  • Paying agent
    ***

Conversion and exchange

  • Conversion terms
    ***

Additional information

Latest issues

Identifiers

  • ISIN
    BE6274385374
  • CUSIP
    ***
  • CUSIP 144A
    ***
  • CFI
    DBFNDR
  • FIGI
    BBG007NRS767
  • WKN
    A1ZUN5
  • Ticker
    FRTFRM 5.75 12/31/20
  • Type of security by CBR
    ***

Bond classification

  • Senior Unsecured
  • Registered
  • Coupon bonds
  • Foreign bonds
  • Amortization
  • Callable
  • CDO
  • Convertible
  • Dual currency bonds
  • Variable rate
  • For qualified investors (CIS region)
  • Green bonds
  • Guaranteed
  • Inflation-linked principal
  • Supranational bond issues
  • Inflation-linked coupon
  • Mortgage bonds
  • Perpetual
  • Payment-in-kind
  • Non-Marketable Securities
  • Redemption Linked
  • Restructuring
  • Retail bonds
  • Covered
  • Securitization
  • Structured product
  • Commercial Bonds
  • Subordinated
  • Sukuk
  • Trace-eligible

Restructuring

***

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