Candy giant Mars readying over $25 billion bond sale for next week, sources say

Colorado Springs Gazette

Investing.com

Center

View article

Reposted by

Investing.com

Lean Right

Factuality

Ownership

Mars readying over $25 billion bond sale for next week, sources say

By Anirban Sen and Shankar Ramakrishnan

Reuters

Center

Factuality

Ownership

Candy giant Mars readying over $25 billion bond sale for next week, sources say

Family-owned candy giant Mars is preparing to sell bonds worth between $25 billion and $30 billion as soon as next week to help finance its takeover of Pringles maker Kellanova, according to people familiar with the matter, in a deal that would headline a $40 billion rush of acquisition financing bonds.

U.S. News

Lean Left

Factuality

Ownership

Mars Readying Over $25 Billion Bond Sale for Next Week, Sources Say

US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find news you can use in politics, business, health, and education.

כלכליסט- www.calcalist.co.il

Factuality

Ownership

The candy company plans to make the move next week to help it finance its acquisition of Klanova, maker of the Pringles brand; at the same time, software maker Synopsys plans to issue bonds worth $10-15 billion to finance its acquisition of Ansys