Source: Official press release from JDE Coffee B.V.
Date: May 18, 2026
- JDE Coffee B.V. (formerly JDE Peet’s N.V.) secured approval from bondholders for proposed amendments to six series of euro notes.
- The total outstanding nominal amount across all six note series is 3.45 billion euros.
- Noteholders’ meetings were held on May 18, 2026, and all necessary resolutions were passed.
- The amendments reflect the new corporate structure of the Maple Group following an acquisition and separation.
- Guarantors will be introduced to guarantee payment obligations under the notes starting May 21, 2026.
- An early consent fee of 0.10 percent will be paid on May 22, 2026, to eligible noteholders.
JDE Coffee B.V., the company formerly known as JDE Peet’s N.V., announced on May 18, 2026, that bondholders have approved proposed amendments to six series of its outstanding euro notes. The approval came during separate meetings held earlier that day for each series.
The amendments are designed to reflect the new corporate structure of the Maple Group following a recent acquisition and separation. Key changes include the introduction of guarantors who will guarantee the payment obligations of the issuer under the notes.
The total outstanding nominal amount of the six note series is 3.45 billion euros. The notes mature between December 2027 and January 2034.
Details of the Six Note Series
| Series Name | Maturity Date | Outstanding Amount (EUR) |
|---|---|---|
| 2027 Notes (Floating Rate) | December 11, 2027 | 600,000,000 |
| 2028 Notes (0.625% Fixed) | February 9, 2028 | 600,000,000 |
| 2029 Notes (0.500% Fixed) | January 16, 2029 | 750,000,000 |
| 2030 Notes (4.125% Fixed) | January 23, 2030 | 500,000,000 |
| 2033 Notes (1.125% Fixed) | June 16, 2033 | 500,000,000 |
| 2034 Notes (4.500% Fixed) | January 23, 2034 | 500,000,000 |
Key Approvals and Timeline
According to the announcement, the necessary quorum was achieved for each series. All extraordinary resolutions were passed. The issuer has satisfied the eligibility conditions and the resolution inter-conditionality.
The implementation of the amendments will follow a clear timeline. On May 21, 2026, the issuer and relevant agents will execute the supplemental agency agreement for each series. On the same day, the issuer and the relevant guarantors will execute the deed of guarantee. The proposed amendments will take effect from May 21, 2026.
The early consent fee payment date is set for May 22, 2026. Eligible noteholders will receive an early consent fee of 0.10 percent of the nominal amount of their notes.
Background of the Solicitation
On April 24, 2026, the issuer announced separate invitations for noteholders to consent to modifications of the terms and conditions. The purpose was to make amendments reflecting the new corporate structure of the Maple Group following an acquisition and separation. The issuer proposed introducing guarantors to guarantee payment obligations under the notes.
The consent solicitation memorandum containing the full terms and conditions was issued on April 24, 2026. The announcement does not include the full text of the proposed amendments, which are available in that memorandum.
The solicitation agents for the process included Deutsche Bank Aktiengesellschaft, Goldman Sachs Bank Europe SE, and Morgan Stanley Europe SE. The tabulation agent was Kroll Issuer Services Limited.
Frequently Asked Questions (FAQ)
1. What did JDE Coffee bondholders approve?
Bondholders approved amendments to the terms and conditions of six euro note series to reflect the new corporate structure of the Maple Group following an acquisition and separation.
2. When were the noteholder meetings held?
The meetings for each series of notes were held on May 18, 2026.
3. What is the total outstanding amount of the notes?
The total outstanding nominal amount across all six series is 3.45 billion euros.
4. When will the amendments take effect?
The proposed amendments will take effect on May 21, 2026, following the execution of the deed of guarantee and supplemental agency agreements.
5. What is the early consent fee?
Eligible noteholders will receive an early consent fee of 0.10 percent of the nominal amount of their notes. The payment date is May 22, 2026.
6. Why is JDE Peet’s now called JDE Coffee B.V.?
The company changed its name as part of a broader corporate restructuring following an acquisition and separation related to the Maple Group structure.
Published: May 18, 2026
