George Weston Limited Announces Pricing of $200 Million of Senior Unsecured Notes - KXXV-TV News Channel 25 - Central Texas News and Weather for Waco, Temple, Killeen |

George Weston Limited Announces Pricing of $200 Million of Senior Unsecured Notes

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE George Weston Limited

TORONTO, June 11, 2014 /CNW/ - George Weston Limited (TSX: WN) ("Weston") announced today the pricing of $200 million principal amount of Senior Unsecured Notes, Series 2024 (the "Notes"). The Notes will be offered through a syndicate of agents and the settlement date is expected to be on or about June 17, 2014. The Notes will pay a fixed rate of 4.115% until maturity on June 17, 2024. The Notes will be direct unsecured obligations of Weston and will rank equally and pari passu (except as to sinking funds) with all other present and future unsecured and unsubordinated debt of Weston. The net proceeds of the offering will be used for general corporate purposes.

Weston will file in Canada a prospectus supplement for this issue pursuant to its short form base shelf prospectus dated October 17, 2013. Details of the offering will be set out in the prospectus supplement, which will be available on the SEDAR website at www.sedar.com.

The Notes have not been and will not be registered under the United States Securities Act of 1933 and may not be offered, sold or delivered in the United States or to U.S. Persons absent registration or an applicable exemption from the registration requirement of such Act. This news release does not constitute an offer to sell or a solicitation to buy the Notes in the United States.

About George Weston Limited
Founded in 1882, George Weston Limited ("Weston") is a major Canadian public company, representing Canada's largest food and drug retail businesses through its control of Loblaw Companies Limited ("Loblaw") and Loblaw's recent acquisition of Shoppers Drug Mart. With over 2,300 stores the retail operations reach most Canadians serving their everyday food, health and wellness needs. Through Weston Foods, Weston is one of Canada's leading bakers, offering a wide selection of fresh and frozen products to the North American market. Weston also controls one of Canada's largest REITs, Choice Properties REIT.

With over 200,000 employees, Weston is Canada's largest private sector employer.

©2012 PR Newswire. All Rights Reserved.

Powered by WorldNow

News Channel 25 KXXV-TV
P.O. Box 2522
Waco, TX 76702

Phone Numbers:
Main: 254-754-2525
Tip Line: 254-757-2525

Links
Contact Us
KXXV Employment Opportunites
FCC Filings
Advertise on KXXV

Can't find something?
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and KXXV. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.