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Corporate BondsHigh yield

Exceedingly good earnings prompts Premier Foods to launch well-flagged refi

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Premier Foods announced a long-expected refinancing of its main wholesale debt, a £300m 2023 bond which first came up for call last year. The refi comes as the firm published preliminary results to the end of Q1 showing profits up more than 20% for the year, and debt levels coming down.

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