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.
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