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Post Plans to Redeem Remaining 5.625% Senior Notes Due 2028 at Premium to Face Value
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Post Plans to Redeem Remaining 5.625% Senior Notes Due 2028 at Premium to Face Value
Nov 15, 2024 1:53 PM

04:28 PM EST, 11/15/2024 (MT Newswires) -- Post Holdings ( POST ) said late Friday it plans to redeem all $464.9 million of its outstanding 5.625% senior notes maturing in January 2028 at 100.938% of their face value plus any accrued and unpaid interest prior to the Dec. 2 redemption date.

The consumer foods company said it will fund this redemption using cash on hand, including net proceeds from its issuance of $600 million of 6.25% senior notes due 2034.

Price: 108.01, Change: +0.23, Percent Change: +0.21

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