Food Industry
Industry: Email Alert RSS FeedAhold in Czech Rep - floating rate notes - Brief Article
Eurofood, August 31, 2000
Dutch international food provider Ahold has successfully launched the issue of CKr3bn (80m [European Dollar]) floating rate notes in the Czech capital market. The proceeds of this financial transaction will be used to refinance existing facilities and contribute to future projects in the Czech Republic.
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Ahold currently operates over 180 stores in the Czech Republic under the fascias of Albert supermarkets, Prima mini-markets and Hypernova hypermarkets, with sales exceeding 500m [European Dollar]. Ahold is also expanding such models into Slovakia.
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