Core Viewpoint - The Hershey Company is conducting a public offering of notes to repay existing debt and for general corporate purposes [1][2]. Group 1: Notes Offering Details - The net proceeds from the Notes Offering will be used to repay all outstanding 0.900% Senior Notes due 2025 and 3.200% Senior Notes due 2025, as well as certain short-term commercial paper borrowings, including accrued and unpaid interest [1]. - A registration statement for the Notes Offering has been filed with the U.S. Securities and Exchange Commission and is effective [2]. Group 2: Company Overview - The Hershey Company is headquartered in Hershey, Pennsylvania, and is recognized as an industry-leading snacks company with over 20,000 employees globally [4]. - The company offers more than 90 brand names in approximately 80 countries, including popular products like Hershey's, Reese's, and Kit Kat [4]. - Hershey has a long-standing commitment to ethical operations and community support, exemplified by the establishment of the Milton Hershey School in 1909 [5].
THE HERSHEY COMPANY ANNOUNCES OFFERING OF NOTES