secwatch.observer — SEC 8-K summary
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Issuer:     J M SMUCKER Co (SJM)
CIK:        0000091419
Form:       8-K
Filed at:   2024-12-17T23:59:59+00:00
Accession:  0000091419-24-000114
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Smucker to purchase $300M senior notes; prorates 2.125% notes at 69.9%
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- Accepted $122.5M of 2.750% notes due 2041 (Priority 1) and $138.8M of 3.550% notes due 2050 (Priority 2).
- Accepted $194.1M tendered of 2.125% notes due 2032 (Priority 3) prorated at ~69.9% to stay within $300M cap.
- Did not accept any of the 4.375% notes due 2045 or 5.900% notes due 2028.
- Total consideration per $1,000: $700.18 (2041), $730.52 (2050), $833.04 (2032), includes $30 early tender premium.
- Early settlement on Dec 19, 2024; no final settlement date as early tenders exceeded the Offer Cap.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91419/000009141924000114/0000091419-24-000114-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91419/000009141924000114/sjm-20241217.htm
  HTML page:      https://secwatch.observer/filing/0000091419-24-000114

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer