16-07-2025
Häagen-Dazs Maker Prices Debt for €4.4 Billion Payout to Owners
Froneri International Ltd., the maker of Häagen-Dazs ice cream, is wrapping up commitments for a debt deal to help fund one of the largest shareholder payouts on record, as its private equity co-owner looks to keep its stake in the company for longer.
The UK-based manufacturer is close to pricing a €3.9 billion junk debt offering, the proceeds of which will fund a roughly €4.4 billion ($5.1 billion) payout to shareholders Nestlé SA and private equity firm PAI Partners.