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Mars, Incorporated Announces Pricing of $26 Billion of Senior Notes

  • Mars, Incorporated announced a private offering of senior notes totaling $26.0 billion on March 5, 2025.
  • The offering includes various notes with different interest rates and maturity dates spanning from 2027 to 2065.
  • Mars plans to use proceeds from this offering to fund the pending acquisition of Kellanova and pay related fees.
  • If the acquisition is not completed by August 20, 2026, the notes may be redeemed at a price of 101% of their principal amount.
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The Laconia Daily SunThe Laconia Daily Sun
+36 Reposted by 36 other sources

Mars, Incorporated Announces Pricing of $26 Billion of Senior Notes

MCLEAN, Va., March 5, 2025 /PRNewswire/ -- Mars, Incorporated (the "Company" or "Mars") announced today the pricing of its previously announced private offering of $26.0 billion aggregate principal amount of senior notes, consisting of $2.0 billion in aggregate principal amount…

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Charleston Gazette-Mail broke the news in Charleston, United States on Wednesday, March 5, 2025.
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