Press release
Kraft Heinz Announces Expiration and Expiration Time Results of Cash Tender Offer for Any and All of Certain of its Outstanding Notes
PITTSBURGH & CHICAGO--(BUSINESS WIRE)-- The Kraft Heinz Company (“Kraft Heinz”) (Nasdaq: KHC) announced today that the previously announced cash tender
About this update from The Kraft Heinz Company
[{"type":"text","content":" PITTSBURGH & CHICAGO--(BUSINESS WIRE)--\nThe Kraft Heinz Company (“Kraft Heinz”) (Nasdaq: KHC) announced today that the previously announced cash tender offers (each, an “Offer” and collectively, the “Offers”) commenced by its 100% owned subsidiary Kraft Heinz Foods Company (the “Issuer”) to purchase up to a maximum combined aggregate purchase price of $2.8 billion, including principal and premium but excluding Accrued Interest (as defined below) of its outstanding notes listed in the table below (the “Notes,” and each, a “Series” of Notes) expired at 5:00 p.m., New York City time, on June 11, 2021 (the “Expiration Time”).\n\nThe Offers were made on the terms and subject to the conditions set forth in the offer to purchase dated June 7, 2021 (the “Offer to Purchase”) and the related notice of guaranteed delivery (the “ Notice of Guaranteed Delivery” and, together with the Offer to Purchase, the “Offer Documents”).\n\nThe table below sets forth certain information about the Offers, including the aggregate principal amount of Notes validly tendered and accepted in the Offers, and the aggregate principal amount of Notes reflected in Notices of Guaranteed Delivery delivered at or prior to the Expiration Time pursuant to the Offer Documents.\n\n\n\nTitle of\nSecurity(1)\n\n\n\n\nCUSIP\n\n\n\n\nISIN\n\n\n\n\nAcceptance\nPriority Level\n\n\n\n\nPrincipal Amount\nOutstanding\n\n\n\n\nPurchase\nPrice(2)\n\n\n\n\nPrincipal Amount\nTendered(3)\n\n\n\n\nPrincipal\nAmount\nAccepted\n\n\n\n\nPrincipal\nAmount\nReflected in\nNotices of\nGuaranteed\nDelivery\n\n\n\n\n\n5.000%\nSenior Notes\ndue June 2042\n\n\n\n\n50076QAE6 / 144A: 50076QAC0 / Reg S: U5009CAB6\n\n\n\n \n\n\n\nUS50076QAE61 / 144A: US50076QAC06 / Reg S: USU5009CAB64\n\n\n\n\n1\n\n\n\n\n$1,993,000,000\n\n\n\n\n$1,187.50\n\n\n\n\n$333,901,000\n\n\n\n\n$333,901,000\n\n\n\n\n$325,000\n\n\n\n\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n5.000%\nSenior Notes\ndue July 2035\n\n\n\n\n50077LAL0\n\n\n\n \n\n\n\nUS50077LAL09\n\n\n\n\n2\n\n\n\n\n$992,000,000\n\n\n\n\n$1,201.25\n\n\n\n\n$186,365,000\n\n\n\n\n$186,365,000\n\n\n\n\n$221,000\n\n\n\n\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n4.625%\nSenior Notes\ndue January 2029\n\n\n\n\n50077LAT3\n\n\n\n \n\n\n\nUS50077LAT35\n\n\n\n\n3\n\n\n\n\n$1,095,800,000\n\n\n\n\n$1,147.50\n\n\n\n\n$344,063,000\n\n\n\n\...