secwatch / observer
8-K filed May 2, 2023, 7:59 PM ET ticker HSY CIK 0000047111
debt confidence high sentiment neutral materiality 0.60

Hershey prices $750M notes offering: $350M 4.250% notes due 2028 and $400M 4.500% notes due 2033

HERSHEY CO

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

HERSHEY CO entered into Pricing Agreement with BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and RBC Capital Markets, LLC, as representatives of the several underwriters valued at $350,000,000 aggregate principal amount of 4.250% Notes due 2028 and $400,000,000 aggregate principa (effective 2023-05-01).

Action
entry
Agreement
notes offering
Counterparty
BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and RBC Capital Markets, LLC, as representatives of the several underwriters
Value
$350,000,000 aggregate principal amount of 4.250% Notes due 2028 and $400,000,000 aggregate principa
Effective
2023-05-01
Exact text from the filing
On May 1, 2023, The Hershey Company (the “Registrant”) entered into a Pricing Agreement (the “Pricing Agreement”) with BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and RBC Capital Markets, LLC, as representatives of the several underwriters listed in Schedule I to the Pricing Agreement (the “Underwriters”), pursuant to which the Registrant has agreed to sell to the Underwriters, and the Underwriters have agreed to purchase from the Registrant, $350,000,000 aggregate principal amount of 4.250% Notes due 2028 (the “2028 Notes”) and $400,000,000 aggregate principal amount of 4.500% Notes due 2033 (together with the 2028 Notes, the “Notes”).
View on SEC.gov

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HERSHEY CO filing history →

Source: SEC EDGAR
accession 0000047111-23-000036
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