debt
confidence high
sentiment neutral
materiality 0.60
Post Holdings to issue $500M senior notes due 2034 to refinance 2028 notes
Post Holdings, Inc.
- Affirmed FY2024 Adjusted EBITDA guidance of $1,370-$1,390 million.
- Plans $500M senior notes offering due 2034.
- Net proceeds to redeem all outstanding 5.625% senior notes due 2028.
- Redemption expected on or after December 1, 2024.
- Remaining proceeds for acquisitions, share repurchases, debt repayment, capex.