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AI English summary of an SEC filing — figures as filed

The Hershey Company logoThe Hershey Company HSY

The company closed its previously announced public offering of $500,000,000 aggregate principal amount of Notes in 4 series maturing in 2028, 2030, 2032 and 2035, on February 24, 2025.

8-KEntry into a Material Definitive AgreementFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company closed its previously announced public offering of $500,000,000 aggregate principal amount of Notes in 4 series maturing in 2028, 2030, 2032 and 2035, on February 24, 2025.

  2. The company issued 4.550% Notes due February 24, 2028, 4.750% Notes due February 24, 2030 and 4.950% Notes due February 24, 2032. The 5.100% Notes mature on February 24, 2035.

  3. The company said the Notes were issued under an indenture dated as of May 14, 2009, with U.S. Bank Trust Company, National Association, as trustee.

  4. The company cited Item 1.01 as incorporated into Item 2.03 (Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant). It attached the forms of the Notes (Exhibits 4.1 to 4.4) and the legal opinion of Simpson Thacher & Bartlett LLP (Exhibit 5.1).

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Hershey Closes 4 Series of Notes Offering on February 24, 2025

The company closed its previously announced public offering of $500,000,000 aggregate principal amount of Notes in 4 series maturing in 2028, 2030, 2032 and 2035, on February 24, 2025.

Source · Based on the filing body and exhibits

Coupon Rates and Maturity Dates of Notes

The company issued 4.550% Notes due February 24, 2028, 4.750% Notes due February 24, 2030 and 4.950% Notes due February 24, 2032. The 5.100% Notes mature on February 24, 2035.

Source · Based on the filing body and exhibits

Indenture Dated May 14, 2009 and Trustee

The company said the Notes were issued under an indenture dated as of May 14, 2009, with U.S. Bank Trust Company, National Association, as trustee.

Source · Based on the filing body and exhibits

Item 2.03 Direct Financial Obligations and Exhibits

The company cited Item 1.01 as incorporated into Item 2.03 (Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant). It attached the forms of the Notes (Exhibits 4.1 to 4.4) and the legal opinion of Simpson Thacher & Bartlett LLP (Exhibit 5.1).

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.