Kellogg Sells $1.45 Billion Debt With Record Low Coupons
By Sarika Gangar -
2012-05-14T20:39:23Z
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 sgangar@bloomberg.net
To contact the editor responsible for this story: John Parry at jparry5@bloomberg.net
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