Kraft Heinz Announces Upsize of Previously Announced Cash Tender Offer for $1 Billion to an Aggregate Purchase Price of $2.5 Billion

Dateline City:


PITTSBURGH & CHICAGO–(BUSINESS WIRE)–The Kraft Heinz Company (“Kraft Heinz”) (Nasdaq: KHC) announced today that its 100% owned subsidiary Kraft Heinz Foods Company (the “Issuer”) is increasing the maximum combined aggregate purchase price (the “Maximum Tender Amount”) of its outstanding 3.500% senior notes due June 2022 (the “June 2022 Notes”), 3.500% senior notes due July 2022 (the “July 2022 Notes”), 4.000% senior notes due 2023 (the “2023 Notes”) and 4.875% second lien senior secured notes due 2025 (the “2025 Notes” and, together with the June 2022 Notes, the July 2022 Notes and the



Michael Mullen (media) Head of Corporate Affairs The Kraft Heinz Company Christopher Jakubik, CFA (investors) Head of Global Investor Relations The Kraft Heinz Company

Ticker Slug:

Ticker: KHC Exchange: NASDAQ

read more

Original Source