The Hershey Company Announces Notes Offering

8/2/16

HERSHEY, Pa.--(BUSINESS WIRE)--The Hershey Company (NYSE: HSY) announced today that it is offering to sell notes due 2026 and notes due 2046 in a public offering. The Hershey Company intends to use the net proceeds of the Notes Offering to repay at maturity its $250 million aggregate principal amount of 5.45% Notes due 2016 and its $250 million aggregate principal amount of 1.50% Notes due 2016, to fund its acquisition of Ripple Brand Collective, LLC and pay related fees and expenses and for general corporate purposes.

About The Hershey Company

The Hershey Company (NYSE: HSY), headquartered in Hershey, Pennsylvania, is a global confectionary leader known for bringing goodness to the world through its chocolate, sweets, mints and other great-tasting snacks. The company markets, sells and distributes its products under more than 80 brand names in approximately 70 countries worldwide.

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.