Entering text into the input field will update the search result below

Post Holdings unveils preferred stock offering

Nov. 19, 2018 7:25 AM ETPost Holdings, Inc. (POST) StockBy: Clark Schultz, SA News Editor
  • Post Holdings (NYSE:POST) announces a $400M private offering of a newly-created series of convertible preferred stock.
  • The company expects to grant the initial purchasers of the preferred stock a 30-day option to purchase up to an additional $60.0M worth of shares.
  • Post plans to use the proceeds from the offering to repay a portion of its existing term loan, which it notes will expand capacity for cash acquisitions and opportunistic common share repurchases.
  • Source: Press Release
  • Shares of Post are up 21.2% YTD.

Recommended For You

More Trending News

About POST Stock

SymbolLast Price% Chg
Market Cap
PE
Yield (TTM)
Rev Growth (YoY)
Prev. Close
Compare to Peers

Related Stocks

SymbolLast Price% Chg
POST--
Post Holdings, Inc.