debt
confidence high
sentiment neutral
materiality 0.60
Smucker issues $800M in two tranches: $500M 2.125% notes due 2032 and $300M 2.75% notes due 2041
J M SMUCKER Co
- $500M 2.125% notes due 2032; interest payable semiannually starting March 15, 2022.
- $300M 2.750% notes due 2041; interest payable semiannually starting March 15, 2022.
- Underwriters: BofA Securities and J.P. Morgan; offering closed Sept 24, 2021.
- Indenture includes restrictions on liens, asset sales, and change of control repurchase.