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 firstname.lastname@example.org
To contact the editor responsible for this story: John Parry at email@example.com