Markets

Sugar group Tereos to repay half of its 2020 bond a year in advance

Published February 18, 2019 Updated February 18, 2019 11:36am

In December, Tereos plunged to a first-half loss of almost 100 million euros and said it expected to be in the red across its full financial year for the second year running.

"This repayment is fully financed by BNP Paribas, Natixis and Rabobank, demonstrating the confidence of the group's major relationship banks," Tereos added in a statement on Monday.

Copyright Reuters, 2019