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BRIEF-Peet Ltd intends to raise about $100 million by issuing bonds

Published 10/05/2016, 01:38 pm
Updated 10/05/2016, 01:40 pm
© Reuters.  BRIEF-Peet Ltd intends to raise about $100 million by issuing bonds
PPC
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May 10 (Reuters) - Peet Ltd PPC.AX :

* 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

* Source text for Eikon ID:nASX9bHjl3

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