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Foodcorp Limited Completes Refinancing

Paul, Weiss client Foodcorp (Pty) Limited, a leading manufacturer of branded food products in South Africa, completed a debt refinancing of its offshore debt. In 2005, Paul, Weiss represented Foodcorp in its first issuance by a South African company of offshore high yield notes and in 2011 in its first refinancing by a South African company of offshore notes in the offshore capital markets. In 2013, following the acquisition of Foodcorp by Remgro Limited, a leading South African investment holding company, Foodcorp refinanced its offshore debt.

The Paul, Weiss team advising Foodcorp included securities partner Mark Bergman.

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