Kraft Heinz Announces Early Tender Participation Results, Election Of Early Settlement, And Satisfaction Of The Financing Condition For Its Cash Tender Offer For Up To $2.0 Billion Aggregate Purchase Price Of Certain Of Its Outstanding Notes
Round Type
Debt Financing
PittsburghFood and BeverageFinancial ServicesConsumer GoodsTransportationFood ProcessingDescription
The Kraft Heinz Company (“Kraft Heinz”) (Nasdaq: KHC) announced today the early tender participation results, as of 5:00 p.m., New York City time, on December 2, 2021 (the “Early Tender Time”), of the previously announced cash tender offer by Kraft Heinz Foods Company, its 100% owned subsidiary (the “Issuer”), to purchase for cash (the “Tender Offer”) any validly tendered (and not subsequently validly withdrawn) notes up to the maximum combined aggregate purchase price of $2.0 billion, including principal and premium but excluding accrued and unpaid interest (the “Maximum Tender Amount”), of its outstanding 3.500% Senior Notes due June 2022 (the “June 2022 Notes”), 4.625% Senior Notes due January 2029 (the “January 2029 Notes”), 4.250% Senior Notes due March 2031 (the “March 2031 Notes”), 6.750% Senior Notes due March 2032 (the “March 2032 Notes”), 5.000% Senior Notes due July 2035 (the “July 2035 Notes”), 6.500% Senior Notes due February 2040 (the “February 2040 Notes”), 5.000% Senior Notes due June 2042 (the “June 2042 Notes”), 5.200% Senior Notes due July 2045 (the “July 2045 Notes”), 6.875% Senior Notes due January 2039 (the “January 2039 Notes”), 7.125% Senior Notes due August 2039 (the “August 2039 Notes”), 5.500% Senior Notes due June 2050 (the “June 2050 Notes”), and 4.875% Senior Notes due October 2049 (the “October 2049 Notes” and, together with the June 2022 Notes, the January 2029 Notes, the March 2031 Notes, the March 2032 Notes, the July 2035 Notes, the February 2040 Notes, the June 2042 Notes, the July 2045 Notes, the January 2039 Notes, the August 2039 Notes, and the June 2050 Notes, the “Notes,” and each, a “Series” of Notes). Kraft Heinz also announced that, with respect to the Notes validly tendered and not validly withdrawn at or prior to the Early Tender Time, the Issuer has elected to have an early settlement date with payment for such Notes to occur on December 6, 2021.
Quick answer
The Kraft Heinz raised an undisclosed amount in a Debt Financing round, dated December 3, 2021. The Kraft Heinz is based in Pittsburgh, Pennsylvania, United States.
- How much did The Kraft Heinz raise?
- The Kraft Heinz raised an undisclosed amount in a Debt Financing round on December 3, 2021.
- What does The Kraft Heinz do?
- The Kraft Heinz Company is a global food and beverage leader driving transformation with consumers at the center of everything it does, guided by its purpose, “Let’s Make Life Delicious.” With approximately $26 billion..
- Where is The Kraft Heinz based and how big is it?
- The Kraft Heinz is based in Pittsburgh, Pennsylvania, United States. Fundz records about 27,405 employees.
- Who are the decision-makers at The Kraft Heinz?
- Fundz holds 3 contacts at The Kraft Heinz, including the Global Head of HR AI & Service Delivery. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Food and Beverage and Financial Services around the same time
Companies in the same sectors as The Kraft Heinz that raised within 45 days of this round, from Fundz verified event records.
- Paywatch raised $5.3M (Seed) on January 14, 2022.
- Foxtrot raised $100M (Series C) on January 11, 2022.
- Mariner raised $75M on January 6, 2022.
- Open Sea raised $300M (Funding Round) on January 5, 2022.
- Transigo raised $70M (Funding Round) on December 29, 2021.
- Gopuff raised $1.5B (Funding Round) on December 16, 2021.
Who to call at The Kraft Heinz, and when
A new round usually means The Kraft Heinz is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day The Kraft Heinz raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at The Kraft Heinz, from your own LinkedIn network
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Related People
The Kraft Heinz raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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