13 days ago • Posted by Martin Boujol
Kraft Heinz buys back $2.8 billion of debt
Kraft Heinz Co. will buy back as much as $2.8 billion of its bonds as the company is looking to progressively cut its debt load after having sold their nuts business. They will repurchase as many as 10 individual notes with maturities ranging from 2028 to 2042. This is already the second debt buyback this year for the company.
Source: Trace, Bloomberg, Yahoo Finance