Post Holdings Announces Redemption of $464.9 Million 5.625% Senior Notes Due January 2028
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Post Holdings, Inc. announced its intention to redeem $464.9 million of its 5.625% senior notes due January 2028 on December 2, 2024. The redemption will be at a price of 100.938% of the principal amount, plus accrued interest.
November 15, 2024 | 9:15 pm
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Post Holdings plans to redeem $464.9 million of its 5.625% senior notes due 2028, which may impact its debt profile and interest expenses.
The redemption of senior notes will reduce Post Holdings' outstanding debt, potentially improving its financial leverage and reducing interest expenses. This could be seen positively by investors, leading to a potential short-term increase in stock price.
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