| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers Tenders > Headlines for 2017 > News item |
Post Holdings redeems 6¾% notes at 107.205, 7 3/8% notes at 103.688
By Susanna Moon
Chicago, March 8 – Post Holdings, Inc. redeemed its 6¾% senior notes due 2021 and its 7 3/8% senior notes due 2022 on Wednesday, according to an 8-K filing with the Securities and Exchange Commission.
The 6¾% notes were redeemed for a total redemption price of $875 million, or 107.205% of par plus 97 days of accrued interest to but excluding the redemption date.
For the 7 3/8% notes, the redemption price was $132,967,000, or 103.688% plus 21 days of accrued interest to but excluding March 8.
The company said on Feb. 6 that it planned to redeem the notes using proceeds of a new issue.
Post had planned to price $1.5 billion of senior notes due 2025 and senior notes due 2027 in a private offering.
Post is a St. Louis-based cereal maker.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.