AI brief of an SEC Form 8-K · Kraft Heinz (KHC)

Kraft Heinz sells €1.0 billion in notes to fund up to $1.1 billion debt tender

Neutral Impact 3 of 5 financing Written later

Kraft Heinz Foods Company, a subsidiary of The Kraft Heinz Company, issued €500 million of 3.500% notes due 2031 and €500 million of 3.950% notes due 2034 on May 21, 2026. The net proceeds are earmarked to buy back part of its 4.375% notes due 2046 and 4.875% notes due 2049 under a tender offer capped at $1.1 billion, excluding accrued interest. The filing shows the tender is being partly filled, with the 2046 notes accepted on a prorated basis and no 2049 notes accepted at the early tender stage.

Key points

  • Issued €500,000,000 of 3.500% senior notes due May 21, 2031 and €500,000,000 of 3.950% senior notes due May 21, 2034
  • Tender offer cap is $1,100,000,000 combined, excluding accrued and unpaid interest
  • Accepted $1,379,414,000 of 2046 notes, about 49.51% of those outstanding, at a proration factor of about 78.77%; no 2049 notes accepted
  • Early settlement on May 26, 2026; tender offer expires June 5, 2026

The filing

CompanyKraft Heinz (KHC)
Form8-K, current report
Filed with the SECMay 21, 2026, 4:44 PM ET
Accession number0001193125-26-234627

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 21, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.