date:May 29, 2014
s Ltd.
SEEKING PROPOSALS
Bright Food has asked banks to send in proposals for one or three-year loans of up to $800 million equivalent in euros with bullet repayment.
The company sent out invitations to banks on Tuesday and has asked for indicative proposals within 10 working days, sources said.
Best known for its cottage cheese, Tel Aviv-based Tnuva had 2013 revenue of 7.17bn shekels ($2.05 billion) from the sales of a range of cheeses, milk, yoghurt, meat and eggs.
Bright Food will pay Ap