Zaandam, The Netherlands, October 19, 2000 - Royal Ahold, the international food provider, today placed 115,317,164 cumulative preferred financing shares (‘prefs’) of Euro 0.25 par value at an issue price of Euro 3.50. The prefs will not be listed.
Ahold will use the proceeds of the offering, approximately Euro 403 million, for general corporate purposes in The Netherlands.
The dividend percentage on the prefs has been set at 6.47%.
The Dutch investment bank Kempen & Co managed this offering.
Ahold places more than Euro 400 million cumulative preferred financing shares
| Source: Ahold Delhaize