Law360, New York (February 04, 2010, 6:14 PM ET) -- Kraft Foods Inc. on Thursday launched a four-part offering of $9.5 billion in notes to help finance its $19 billion acquisition of U.K. confectioner Cadbury PLC.
The debt offering included $1 billion of 2.625 percent notes due 2013, $1.75 billion of 4.125 percent notes due 2016, $3.75 billion of 5.375 percent notes due 2020 and $3.5 billion of 6.5 percent notes due 2040. Settlement is expected Feb. 8.
Underwriters for the bond offering include Barclays Capital Inc., BBVA Securities Inc., BNP Paribas Securities Corp., Citigroup Global...
Kraft Sells $9.5B In Notes To Fund Cadbury Deal
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