Post Holdings (POST) PT Raised to $85 at BMO Capital
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Post Holdings Announces Commencement of Senior Notes Offerings
February 6, 2017 7:25 AM ESTST. LOUIS, Feb. 06, 2017 (GLOBE NEWSWIRE) -- Post Holdings, Inc. (NYSE: POST) (the Company or Post) today announced it intends to commence a private offering to eligible purchasers, subject to market and other conditions, of $1,500.0 million in aggregate principal amount of senior notes due 2025 and senior notes due 2027 (collectively, the Notes). The Notes will be unsecured unsubordinated obligations of the Company and will be guaranteed by the Companys domestic subsidiaries.
The Company intends to use the net proceeds from the proposed offering to redeem its 6.75% senior notes due 2021 and its 7.375% senior notes due... More
Post Holdings Reports Results for the First Quarter of Fiscal Year 2017
February 2, 2017 5:01 PM ESTST. LOUIS, Feb. 02, 2017 (GLOBE NEWSWIRE) -- Post Holdings, Inc. (NYSE: POST), a consumer packaged goods holding company, today reported results for the first fiscal quarter ended December 31, 2016.
Highlights:
Net sales of $1.25 billionOperating profit of $76.2 million and net earnings of $97.6 millionAdjusted EBITDA of $230.1 millionUpdated Adjusted EBITDA (non-GAAP) guidance range for fiscal year 2017 of $920-$950 millionFirst Quarter Consolidated Operating Results
Net sales were $1,249.8 million, an increase of 0.1%, or $1.0... More
