General Mills calls zero-coupon convertible debentures

By Laura Lutz

Des Moines, March 26 - General Mills, Inc. plans to redeem all of its outstanding zero-coupon convertible senior debentures due 2022 on April 25.

The company plans to redeem the debentures for their accreted value, $734.45 per $1,000 principal amount at maturity.

Because the debentures were called, they are immediately convertible.

General Mills is a Minneapolis-based food company.

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