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JDE Peet's N.V. (JDEP.AS)
- Globe Newswire
JDE Peet’s to acquire Campos Coffee, a specialty coffee leader in Australia
Campos Cafe Manager Newtown Campos Product image Campos Green logo PRESS RELEASE 16 June 2021 JDE Peet’s (EURONEXT: JDEP) and Campos announced today that JDE Peet’s will acquire Campos Coffee. Subject to limited pre-closing conditions, the transaction is expected to be completed during July 2021. Further terms were not disclosed. Campos Coffee is a specialty coffee leader in Australia, available in over 600 cafés and present in multiple channels including direct-to-consumer, retail, and its own
- Globe Newswire
JDE Peet’s successfully prices inaugural EUR 2 billion multi-tranche bond issue
PRESS RELEASE Amsterdam, 9 June 2021 Key highlights Debut bond offering represents another milestone in the evolution of JDE Peet’s, providing access to debt capital marketsEUR 2 billion priced across three tranches in the investment grade bond market with a weighted average coupon of 0.469% and a weighted average tenure of 7.6 years Bond issuance will be used to refinance existing debt facilities at attractive interest rates and further balances the maturity profile JDE Peet’s (EURONEXT: JDEP),
- Globe Newswire
S&P Global Ratings assigns investment grade rating to JDE Peet’s
PRESS RELEASE Amsterdam, 21 May 2021 JDE Peet’s (Euronext: JDEP), the world’s largest pure-play coffee and tea company by revenue, today announced that S&P Global Ratings (S&P) has assigned an investment grade rating (BBB-/Stable) to the company. This rating reinforces the company’s commitment to further improve its credit profile, underscoring its operating strength, strong financial discipline, and continued progress. In its release, S&P noted: “JDE Peet's demonstrated resilience during 2020 thanks to the leading brand equity of its portfolio across product categories and different geographies. Notwithstanding our expectation of a continued tough environment in the out-of-home channel, we project that the group's annual free operating cash flow will return to above €900 million from 2021, supporting its deleveraging progression. We therefore raised our long-term issuer credit rating on JDE Peet’s to 'BBB-' from 'BB+', and revised our outlook to stable from positive.” # # # Enquiries MediaMichael Orr+31 20 55 81600Media@JDEPeets.com Investors & AnalystsRobin Jansen+31 20 55 81212IR@JDEPeets.com About JDE Peet’s JDE Peet’s is the world's largest pure-play coffee and tea company by revenue and served approximately 4,500 cups of coffee or tea every second in 2020. JDE Peet's unleashes the possibilities of coffee and tea in more than 100 developed and emerging markets, through a portfolio of over 50 brands that collectively cover the entire category landscape led by leading household names such as L’OR, Peet’s, Jacobs, Senseo, Tassimo, Douwe Egberts, OldTown, Super, Pickwick and Moccona. In 2020, JDE Peet’s generated total sales of EUR 6.7 billion and employed a global workforce of more than 19,000 employees. Read more about our journey towards a coffee and tea for every cup at www.JDEPeets.com. Attachment JDE Peet's - S&P Global Ratings assigns investment grade rating to JDE Peet's
