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Kraft Heinz logoKraft Heinz KHC

Kraft Heinz said its 100%-owned operating subsidiary, Kraft Heinz Foods Company, issued $500,000,000 of 5.200% Senior Notes due 2032 and $500,000,000 of 5.400% Senior Notes due 2035 on February 25, 2025.

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

Key points

AI summary
  1. Kraft Heinz said its 100%-owned operating subsidiary, Kraft Heinz Foods Company, issued $500,000,000 of 5.200% Senior Notes due 2032 and $500,000,000 of 5.400% Senior Notes due 2035 on February 25, 2025.

  2. The company said Kraft Heinz Foods Company issued €600,000,000 3.250% Senior Notes due 2033 (Euro Notes) on February 25, 2025, and that the Guarantor, The Kraft Heinz Company, guarantees the notes on a senior basis.

  3. The company said interest on the USD Notes is payable semi-annually on March 15 and September 15, the 2032 Notes mature on March 15, 2032, and the 2035 Notes mature on March 15, 2035. The issuer plans to use the proceeds for general corporate purposes, which may include repaying existing debt.

  4. The company said the Euro Notes mature on March 15, 2033 and pay interest annually on March 15. It also said it entered into underwriting agreements for the USD Notes on February 19, 2025 and for the Euro Notes on February 20, 2025.

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.

Kraft Heinz Issues Two USD Senior Notes Tranches $500,000,000

Kraft Heinz said its 100%-owned operating subsidiary, Kraft Heinz Foods Company, issued $500,000,000 of 5.200% Senior Notes due 2032 and $500,000,000 of 5.400% Senior Notes due 2035 on February 25, 2025.

Source · Based on the filing body and exhibits

Kraft Heinz Issues €600,000,000 3.250% Euro Notes due 2033

The company said Kraft Heinz Foods Company issued €600,000,000 3.250% Senior Notes due 2033 (Euro Notes) on February 25, 2025, and that the Guarantor, The Kraft Heinz Company, guarantees the notes on a senior basis.

Source · Based on the filing body and exhibits

Maturity, Interest Payment Terms and Use of Proceeds

The company said interest on the USD Notes is payable semi-annually on March 15 and September 15, the 2032 Notes mature on March 15, 2032, and the 2035 Notes mature on March 15, 2035. The issuer plans to use the proceeds for general corporate purposes, which may include repaying existing debt.

Source · Based on the filing body and exhibits

Euro Notes Interest Payment, Maturity and Underwriting Agreements

The company said the Euro Notes mature on March 15, 2033 and pay interest annually on March 15. It also said it entered into underwriting agreements for the USD Notes on February 19, 2025 and for the Euro Notes on February 20, 2025.

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.