---
schema_version: "secwatch.filing_event.v1"
accession: "0000047111-23-000036"
form_type: "8-K"
ticker: "HSY"
cik: "0000047111"
company_name: "HERSHEY CO"
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T04:01:20.989455+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Priced $350M of 4.250% notes due 2028 and $400M of 4.500% notes due 2033 in public offering.
- Net proceeds to repay outstanding 2.625% senior notes due 2023 and 3.375% senior notes due 2023.
- Underwriters include BofA Securities, Citigroup, J.P. Morgan, and RBC Capital Markets.
- Offering conducted under existing shelf registration statement (File No. 333-256595).

## SEC filing metadata
- accession: 0000047111-23-000036
- form_type: 8-K
- ticker: HSY
- cik: 0000047111
- company_name: HERSHEY CO
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/47111/000004711123000036/0000047111-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/47111/000004711123000036/hsy-20230501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000047111-23-000036
- JSON: https://secwatch.observer/filing/0000047111-23-000036.json
- Plain text: https://secwatch.observer/filing/0000047111-23-000036.txt

## Key facts
- Material Agreements
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/47111/000004711123000036/0000047111-23-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.