The Kraft Heinz Co. is offering to purchase any and all of its outstanding 5.375 percent senior notes due 2020, of which $900 million in notes is currently outstanding.
Concurrently with the tender offer, Kraft Heinz also will redeem all of Kraft Heinz Canada ULC’s outstanding 2.7 percent Canadian dollar senior notes due 2020, of which C$300 million in notes is currently outstanding, as well as $800 million of its 2.8 percent senior notes due 2020, of which $1,500 million is currently outstanding. The redemption date for the redemptions will be Oct. 3, 2019.
This tender offer expires Sept. 9, unless otherwise extended or earlier terminated.
As previously disclosed, on Aug. 9, 2019, Kraft Heinz repaid $350 million of its variable rate senior notes due 2019.
Kraft Heinz has engaged BofA Merrill Lynch, Citigroup, Goldman Sachs & Co. LLC and J.P. Morgan to act as dealer managers in connection with the tender offer. It has appointed Global Bondholders Services Corp. to serve as the tender agent and information agent for the offer.
