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.

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