General Mills (GIS) has released an update.
On January 16, 2024, the Company agreed to sell $500 million in 4.700% Notes due 2027 under an Underwriting Agreement with representatives from BofA Securities, Goldman Sachs, J.P. Morgan, and Morgan Stanley. These Notes are to be issued under a 1996 Indenture with U.S. Bank Trust Company as Trustee, and the sale is registered under the Securities Act of 1933. The closing of the sale is anticipated for January 30, 2024, with the current report filing required documents with the SEC, including the legal opinion on the Notes’ validity.
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For a comprehensive understanding of the announcement, you can read the full document here.
