debt
confidence high
sentiment neutral
materiality 0.70
US Foods announces $1.0B senior unsecured notes offering; proceeds to redeem 6.25% notes due 2025
US Foods Holding Corp.
- Offering of $1.0B aggregate principal amount of senior unsecured notes due 2028 and 2032.
- Proceeds, together with cash on hand, to redeem outstanding 6.250% senior secured notes due 2025 and pay related fees.
- Private offering under Rule 144A and Regulation S; notes not registered under Securities Act.
- Issuer is wholly-owned subsidiary US Foods, Inc.; offering subject to market conditions.