General Mills Announces Pricing Terms, Expiration and Results of Cash Tender Offers for its Senior Notes
General Mills announced the pricing terms and results of its cash tender offers for senior notes, which expired October 9, 2026. Approximately $929 million aggregate principal was accepted for purchase across six series, with the 2.250% Notes due 2031 taking the largest acceptance at $290 million. The 2.875% Notes due 2030 were prorated at 51.55%, and no 5.400% Notes due 2040 were accepted. Payment, including accrued interest, occurs October 14, 2026; the release also cites fiscal 2026 net sales of $18 billion.
Key figures
- Fiscal2026 net sales
- $18 billion
- Notes accepted series
- ["$196,704,000 of 3.000% Senior Notes due 2051","$86,471,000 of 4.150% Senior Notes due 2043","$91,589,000 of 4.700% Senior Notes due 2048","$290,082,000 of 2.250% Senior Notes due 2031","$79,047,000 of 4.550% Senior Notes due 2038","$185,131,000 of 2.875% Senior Notes due 2030"]
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