secwatch.observer — SEC 8-K summary
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Issuer:     HERSHEY CO (HSY)
CIK:        0000047111
Form:       8-K
Filed at:   2025-02-20T23:59:59+00:00
Accession:  0001628280-25-006795
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hershey prices $2B of notes in four tranches; proceeds to refinance near-term debt
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- Total offering of $2B: $500M 4.550% notes due 2028, $500M 4.750% notes due 2030, $500M 4.950% notes due 2032, $500M 5.100% notes due 2035.
- Net proceeds to repay outstanding 0.900% Senior Notes due 2025, 3.200% Senior Notes due 2025, and commercial paper.
- Pricing and underwriting finalized with BofA Securities, Citigroup, J.P. Morgan, RBC Capital Markets, and U.S. Bancorp Investments.
- Offering made under effective shelf registration statement on Form S-3 (File No. 333-279759).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/47111/000162828025006795/0001628280-25-006795-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/47111/000162828025006795/hsy-20250219.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-006795

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