TORONTO, Oct. 21, 2013 /CNW/ - George Weston Limited (TSX: WN) announced that it has filed and received a receipt for a final base shelf prospectus. The shelf prospectus has been filed with the securities regulatory authorities in each of the provinces of Canada. This filing enables George Weston Limited to offer up to $1 billion of debt securities (unsecured) and preferred shares from time to time over a 25-month period from the date of the shelf prospectus. Any issue of securities under the shelf prospectus will require the filing of a prospectus supplement that will include the specific terms of the securities being offered. The shelf prospectus was filed to provide George Weston Limited with efficient access to Canadian capital markets.
This press release does not constitute an offer to sell or a solicitation of any offer to buy any securities in any jurisdiction.
About George Weston Limited George Weston Limited is a Canadian public company founded in 1882 and through its operating subsidiaries constitutes one of North America's largest food processing and distribution groups. George Weston Limited has two reportable operating segments: Weston Foods and Loblaw, which is operated by Loblaw Companies Limited. The Weston Foods operating segment is primarily engaged in the baking industry within North America. Loblaw is Canada's largest food distributor and a leading provider of general merchandise, drugstore and financial products and services.
SOURCE George Weston Limited