secwatch.observer — SEC 8-K summary
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Issuer:     Post Holdings, Inc. (POST)
CIK:        0001530950
Form:       8-K
Filed at:   2024-02-05T23:59:59+00:00
Accession:  0001530950-24-000058
Event type: debt
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Post Holdings prices $1B of 6.25% senior notes due 2032; upsized from $875M
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- Priced $1,000M aggregate principal of 6.250% senior notes due 2032 at par, increased from original $875M.
- Net proceeds will repay $400M incremental term loan (borrowed Apr 2023) and redeem existing 5.75% notes due 2027.
- Closing expected February 20, 2024; redemption of 5.75% notes expected on March 1, 2024.
- Notes are secured obligations guaranteed by wholly-owned domestic subsidiaries that guarantee the credit agreement.
- Remaining proceeds may be used for general corporate purposes, including acquisitions, share repurchases, or capex.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1530950/000153095024000058/0001530950-24-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1530950/000153095024000058/post-20240205.htm
  HTML page:      https://secwatch.observer/filing/0001530950-24-000058

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