Canal+ S.A. announced its inaugural 5-year senior unsecured bond offering to raise capital, partially refinancing its MCG acquisition bridge facility. Concurrently, ASOS PLC strengthened its board by appointing former Executive Director Jon Kamaluddin as an Independent Non-Executive Director and Audit Chair, bringing vital retail and finance experience. In the alternative protein sector, Agronomics Limited invested $2 million in cultivated chicken firm SuperMeat to accelerate its European commercialization following recent cost-efficiency advancements.
Canal+, a global media and entertainment company, is preparing for its inaugural bond transaction, mandating a series of banks to arrange investor calls for a senior unsecured bond offering. The proposed notes will have a five-year maturity and are subject to market conditions. Proceeds from the issuance are earmarked for general corporate purposes, including the refinancing of a €1.461 billion bridge facility related to the acquisition of MCG shares.
ASOS ASC announced the appointment of Jon Kamaluddin as an Independent Non-Executive Director, effective from 1 December 2025, where he will also chair the Audit Committee. Mr. Kamaluddin has a strong history with ASOS, having previously served as Finance Director and International Director, leading the company's global expansion. His extensive experience in retail, finance, and technology, including roles at Klarna Bank, is expected to enhance the board's strategic oversight and financial governance.
Agronomics ANIC, a leading clean food investment company, announced a $2 million investment in its portfolio company SuperMeat. The funding, provided via a Simple Agreement for Future Equity and new Agronomics shares, is intended to support SuperMeat's commercialization of cultivated chicken production in Europe. This investment follows SuperMeat's recent achievement of producing 100% cultivated chicken at a cost competitive with premium pasture-raised chicken.