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Post Holdings announces note offering in front of Bob Evans closing

Published 11/28/2017, 10:40 AM
© Reuters.  Post Holdings announces note offering in front of Bob Evans closing
POST
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  • Post Holdings (POST -0.3%) announces plans for a $1B senior note offering due in 2028.
  • The company says the notes will be unsecured unsubordinated obligations and will be guaranteed by its material domestic subsidiaries.
  • Post intends to use the proceeds to finance the redemption of its 6.00% senior notes due in 2022 and finance its pending acquisition of Bob Evans Farms.
  • Source: Press Release
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