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Perich the thought: notes issue oversubscribed

Carrie LaFrenz

Freedom Foods Group’s main backers, the Perich family, will pump less money than anticipated into the company’s oversubscribed capital raising after increasing the size of the wholesale notes offer to $138.9 million from $130 million.

Freedom Foods Group’s main backer, Tony Perich, will wind back the committed capital under the notes issue. Rob Homer

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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com

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    Original URL: https://www.afr.com/companies/manufacturing/perich-family-winds-back-placement-as-wholesale-notes-oversubscribed-20210524-p57uib