date:Mar 28, 2013
Swiss chocolate maker Barry Callebaut plans to issue $300 million in new equity as well as a $600 million bond to refinance a bridge loan used to fund its planned purchase of the Singaporean group Petra Foods's cocoa business.
The world's biggest maker of finished chocolate products said on Wednesday it would propose the share capital increase to investors at an extraordinary general meeting planned for April 22.
The new equity is needed to refinance a bridge loan which it took out to finance