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...
