Jan 19 (Reuters) - Bega Cheese Ltd BGA.AX :
* Bega Cheese to acquire one of Australia's most iconic food brands-bga.ax
* Company will pay $460 million which will initially be funded by bank debt
* Agreed to buy most of Mondelz International's australia and new zealand grocery and cheese business
* It has near- term corporate opportunities to pay down debt
* Expects mdlz grocery business to generate pro-forma net revenues of about $310 million, ebitda of between $40 to $45 million in its first full year of operation Source text for Eikon: Further company coverage: BGA.AX