Foodcorp Buyback Offer Faces Bondholder Rejection, Jyske Says

New Foodcorp Holdings (Pty) Ltd.’s offer to redeem its remaining debt to meet the terms of a takeover of the South African food company is too low and won’t be taken up by most bondholders, according to Jyske Bank A/S.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.