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Hershey Prices 2 Billion Notes Offering to Refinance Existing Debt

February 23, 2025
The Hershey Company recently announced the pricing of its notes offering, amounting to a staggering $2 billion. The purpose of this offering is to refinance the company's existing debt. The offering includes four different types of notes with varying interest rates and due dates. These notes are priced at $500 million each, with interest rates ranging from 4.550% to 5.100%. The Hershey Company aims to use the proceeds from this offering to reduce its interest expense and improve its financial stability. For the latest updates on HSY Stock News, investors can rely on Stocks Prognosis, a team of professionals specializing in stock market forecasts.
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