Kraft Heinz said its subsidiary, Kraft Heinz Foods Company, issued €550,000,000 of 3.500% Senior Notes due 2029 on February 27, 2024 100%, and the parent company guarantees the notes on a senior basis.

1. 01

   Kraft Heinz said its subsidiary, Kraft Heinz Foods Company, issued €550,000,000 of 3.500% Senior Notes due 2029 on February 27, 2024 100%, and the parent company guarantees the notes on a senior basis.

2. 02

   The company said it plans to use the proceeds for general corporate purposes, which may include repaying existing debt. The notes mature on March 15, 2029, and interest is payable annually on March 15.

3. 03

   The company said it entered into an Underwriting Agreement on February 27, 2024 with Barclays Bank PLC, Deutsche Bank AG, London Branch, and J.P. Morgan Securities plc as representatives of the underwriters, who agreed to purchase the notes.

4. 04

   The company said the notes were issued under the Indenture dated July 1, 2015 and the Eleventh Supplemental Indenture dated March 1, 2024, and rely on Form S-3 shelf registration statement declared effective by the SEC on November 15, 2023.

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