secwatch.observer — SEC 8-K summary
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Issuer:     J M SMUCKER Co (SJM)
CIK:        0000091419
Form:       8-K
Filed at:   2024-12-03T23:59:59+00:00
Accession:  0000091419-24-000105
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Smucker launches $300M cash tender offers for five series of senior notes
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- Commences cash tender offers to purchase up to $300M aggregate purchase price of five series of senior notes due 2028-2050.
- Early tender premium of $30 per $1,000 principal; early tender deadline Dec 16, 2024, expiration Jan 2, 2025.
- Acceptance priority levels: 2.750% 2041 notes highest, 5.900% 2028 notes lowest.
- Funding from cash on hand and commercial paper; Goldman Sachs and J.P. Morgan acting as dealer managers.
- Maximum aggregate purchase price capped at $300M; offers not conditioned on minimum tenders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91419/000009141924000105/0000091419-24-000105-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91419/000009141924000105/sjm-20241203.htm
  HTML page:      https://secwatch.observer/filing/0000091419-24-000105

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