Heinz Announces Proposed Offering of Senior Secured Notes

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PITTSBURGH--(BUSINESS WIRE)--H.J. Heinz Company (“Heinz”) announced that it intends, subject to market conditions, to offer $2,000 million in aggregate principal amount of second lien senior secured notes due 2025 (the “Notes”). The net proceeds of the offering will be used to repay a portion of Heinz’s existing term loans as well as transaction fees and expenses. The Notes and the related guarantees will be offered in the United States to qualified institutional buyers pursuant to Rule 144A un

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