Post Holdings to redeem $1.7 billion 5% senior notes due 2026

By Taylor Fox

New York, Feb. 24 – Post Holdings, Inc. plans to redeem its $1,697,300,000 5% senior notes due August 2026 (Cusip: 737446AKO), according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed March 11 at par plus a make-whole premium and interest.

The redemption will be funded using proceeds from Post’s $1.8 billion senior notes offering with any remaining proceeds used for general corporate purposes, which could include financing acquisitions, share repurchases, retiring existing debt, working capital and capital expenditures.

Post is a St. Louis-based consumer packaged goods holding company.

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