date:Mar 07, 2014
h our disciplined approach to our cost base and have successfully reduced our Net debt by 120 million during the year.
Im delighted we have concluded our capital structure review and are announcing a transformational new deal which includes an underwritten equity issue of approximately 353m, a landmark pension schemes agreement, a high yield bond of 475m and a new lending agreement with a smaller banking group. This new capital structure will liberate Premier Foods from its past and provides a