debt
confidence high
sentiment neutral
materiality 0.65
Post Holdings to redeem $1.235B 5.50% notes due 2029; prices $1.3B 6.50% notes due 2036
Post Holdings, Inc.
- Redemption of $1.235B 5.50% senior notes due 2029 at 101.833% of principal plus accrued interest.
- Redemption expected Dec 17, 2025, subject to financing condition being satisfied or waived.
- Company priced $1.3B 6.50% senior notes due 2036 on Dec 1, 2025, with expected closing Dec 15.
- Net proceeds from 2036 notes will fund the redemption amount.
- Coupon rate rises from 5.50% to 6.50%; maturity extended to 2036.