Post Holdings Inc (POST) has released an update.
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Post Holdings, Inc. has announced its intention to redeem its 5.75% senior notes due in 2027, which total $459.3 million. The redemption is scheduled for March 1, 2024, and is contingent on securing enough financing to cover the redemption costs. This follows the company’s recent pricing of $1 billion in 6.25% senior secured notes due in 2032, the proceeds of which, along with other sources, are intended to fund the redemption of the 2027 notes.
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