BellRing Distribution prices $840M debt offering
- BellRing Distribution, LLC priced its previously announced offering of $840.0M of 7.00% senior notes due 2030.
- The notes were offered in connection with Post Holdings (NYSE:POST) anticipated spin-off of 80.1% of its interest in New BellRing to Post shareholders.
- The notes offering is expected to close on March 10, subject to completion of the spin-off and the related merger of a subsidiary of New BellRing into BellRing Brands.