BellRing Distribution prices $840M 7.00% senior notes; spin-off distribution date set for March 10

BELLRING BRANDS, INC.

Priced $840.0M aggregate principal of 7.00% senior notes due 2030 at par.
Offering concurrent with Post Holdings' spin-off of 80.1% of New BellRing.
Expected closing March 10, 2022, subject to market and transaction conditions.
New BellRing to use cash from Post plus credit facility to refinance BellRing LLC debt and pay fees.
Post will transfer notes to its lenders to satisfy outstanding debt obligations.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.