Post Holdings, Inc. announced the intention to redeem $1,235.0 million in aggregate principal amount of 5.50% senior notes due December 2029.
The redemption date is set for December 17, 2025, at a price of 101.833% of the principal amount plus accrued interest.
This redemption is contingent on the Company securing financing to cover the redemption amount.
Redemption Details
$1,235.0 million in 5.50% senior notes due December 2029 to be redeemed on December 17, 2025.
Financing Plans
Company priced $1,300.0 million in 6.50% senior notes due 2036 to fund the redemption amount.
- The redemption of the 2029 Notes will eliminate interest accrual on those securities from the redemption date onwards.
- Post Holdings' financing activities demonstrate strategic planning to manage debt obligations effectively.
Post Holdings' proactive redemption strategy and financing plans exhibit a strong commitment to debt management and financial stability.