Kellogg Sells $1.45 Billion Debt With Record Low Coupons
Kellogg Co. (K) sold $400 million of five-year notes with a 1.75 percent coupon, the lowest on record for the company, according to data compiled by Bloomberg.
The biggest U.S. cereal maker also sold three-year and 10- year notes at the lowest coupons in its total $1.45 billion debt issue.
To contact the reporter on this story: Sarika Gangar at email@example.com
To contact the editor responsible for this story: John Parry at firstname.lastname@example.org
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.