Post Holdings Announces Pricing of Convertible Senior Notes Offering

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Aug 10, 2022

ST. LOUIS, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Post Holdings, Inc. (NYSE:POST, Financial) (the “Company” or “Post”) today announced the pricing of its previously announced offering of the Company’s 2.50% convertible senior notes maturing in 2027 (the “Notes”) to eligible purchasers. In addition, the offering size was increased from $400.0 million to $500.0 million in aggregate principal amount of the Notes. Post also granted the initial purchasers of the Notes an option to purchase, for settlement within a period of 13 days beginning on, and including, the date the Notes are first issued, up to an additional $75.0 million in aggregate principal amount of the Notes. The issuance and sale of the Notes are expected to settle on August 12, 2022, subject to customary closing conditions.