Wednesday, May 17, 2000
Ahold, the food provider, today announced it has launched a Euro Medium Term Note (EMTN) Program with an aggregate amount of Euro 3.0 billion. The EMTN Program authorizes the issuing of notes denominated in principle in any currency and in any structure up to Euro 3.0 billion.
The EMTN Program was arranged for Ahold by ABN AMRO Bank N.V. Nine banks have been appointed dealers under the program: ABN AMRO, Chase, Deutsche Bank, Goldman Sachs, ING Barings/BBL, JP Morgan Securities, Morgan Stanley Dean Witter, Schroder Salomon Smith Barney and UBS Warburg.
Under this program, Ahold intends to issue a debut benchmark Eurobond denominated in Euro for an amount of approximately Euro 2.0 billion. A roadshow for this Eurobond will start May 17, 2000 to visit major cities in Europe.