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 sgangar@bloomberg.net

To contact the editor responsible for this story: John Parry at jparry5@bloomberg.net

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.