Loan & DebtMay 13, 2026, 06:06 AM
Kraft Heinz Subsidiary Issues €1B Senior Notes Due 2031 & 2034
AI Summary
Kraft Heinz Foods Company, a wholly-owned operating subsidiary of The Kraft Heinz Company, entered into an underwriting agreement for the offering of €1 billion in senior notes. This includes €500 million of 3.500% senior notes due 2031 and €500 million of 3.950% senior notes due 2034. The notes are expected to be issued on or around May 21, 2026, with Citigroup, Deutsche Bank, Goldman Sachs, and Merrill Lynch acting as representatives of the underwriters.
Key Highlights
- Kraft Heinz Foods Co. to issue €1 billion in aggregate principal amount of senior notes.
- Offering includes €500 million of 3.500% senior notes due 2031.
- Offering includes €500 million of 3.950% senior notes due 2034.
- The Kraft Heinz Company will act as the guarantor for the notes.
- Citigroup, Deutsche Bank, Goldman Sachs, and Merrill Lynch are among the underwriters.
- Notes are expected to be issued on or around May 21, 2026.