"Kraft Heinz Foods" OR "Heinz" Archives

Kraft Heinz Upgraded to Investment Grade by S&P at BBB-

by Amruth Sundarkumar | Mar 14, 2022 | Corporates, Credit Ratings

US-based global food company Kraft Heinz was upgraded to BBB- from BB+ with a positive outlook by S&P Global. The upgrade comes on the back of better cost controls and prudent balance sheet management. The rating agency said that improvement in the Kraft...

Kraft Heinz to Acquire Brazilian Food Company Hemmer

by Amruth Sundarkumar | Sep 27, 2021 | Corporates

American food processing company Kraft Heinz announced last Thursday a deal to acquire Brazilian Companhia Hemmer Indústria e Comércio (Hemmer). Kraft Heinz aims to expand consumers’ taste options in Brazil and support its strategy of growing its International...

Kraft Heinz to Buyback $2.8bn in Debt

by Amruth Sundarkumar | Jun 8, 2021 | High Yield Bonds

Kraft Heinz announced a bond buyback (Term of the day, explained below) of bonds worth $2.8bn, launching a tender offer to repurchase 10 outstanding bonds. The buyback is part of its efforts to reduce its debt load post its $3bn sale of Planters to Hormel. This is...

Kraft Heinz Upgraded to Investment Grade by S&P at BBB-

Kraft Heinz to Acquire Brazilian Food Company Hemmer

Kraft Heinz to Buyback $2.8bn in Debt

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Corporate Debt Restructuring Masterclass

Kraft Heinz Upgraded to Investment Grade by S&P at BBB-

Kraft Heinz to Acquire Brazilian Food Company Hemmer

Kraft Heinz to Buyback $2.8bn in Debt

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