Kraft Heinz (KHC) Prices $1.1B Secondary Stock Offering

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Go back to Kraft Heinz (KHC) Prices $1.1B Secondary Stock Offering

Kraft Heinz Announces Pricing of Secondary Offering of Common Stock

November 18, 2021 5:00 PM EST

PITTSBURGH & CHICAGO--(BUSINESS WIRE)-- The Kraft Heinz Company (Nasdaq: KHC) (Kraft Heinz or the Company) today announced the pricing of the previously announced underwritten registered public offering (the Offering) by certain affiliates of 3G Global Food Holdings LP of 30,596,465 shares of Kraft Heinz common stock (the Common Stock) pursuant to Kraft Heinzs shelf registration statement filed with the Securities and Exchange Commission (the SEC). Gross proceeds from the Offering of Common Stock are approximately $1.1 billion. The Company will not receive any proceeds from the Offering.

BofA Securities is acting as the sole underwriter for the... More