Post Holdings Intends To Commence A Private Offering To Eligible Purchasers $500M In Aggregate Principal Amount Of Senior Notes Due 2034
Portfolio Pulse from Benzinga Newsdesk
Post Holdings, Inc. plans a private offering of $500M in senior notes due 2034 to refinance existing debt and for general corporate purposes.
September 25, 2024 | 12:23 pm
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Post Holdings is initiating a $500M private offering of senior notes due 2034 to refinance its 5.625% senior notes due 2028 and for general corporate purposes.
The offering aims to refinance existing debt and support corporate activities, which could stabilize the company's financial position. However, as the offering is subject to market conditions, the impact on stock price is uncertain.
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