Singapore

LOSS-MAKING food and beverage player Del Monte Pacific is evaluating options to potentially refinance its US subsidiary's loan facilities of about US$1.4 billion.

The subsidiary, Del Monte Foods Inc (DMFI), has loans comprising a US$442.5 million asset-based facility due November 2020, a US$670 million first-lien term loan due February 2021, and a US$260 million second-lien term loan due August 2021.