Post Holdings to redeem 5% senior notes due 2026

By Taylor Fox

New York, Feb. 24 – Post Holdings, Inc. plans to redeem its 5% senior notes due 2026 using proceeds from its private offering of $1.8 billion senior notes due 2031, according to a news release.

The company will also pay costs, fees and expenses related to the offering and redemption.

The St. Louis-based cereal, food and nutrition company also plans to use the proceeds of the new notes for general corporate purposes, including working capital, share repurchases, capital expenditures and acquisitions.

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