McCormick ($MKC) sold $500M of 4.150% notes due Feb 15, 2029; offering closed Feb 5, 2026.
Filed with the SEC on · Summarized by InvestorsBot
McCormick ($MKC) sold $500M of 4.150% notes due Feb 15, 2029; offering closed Feb 5, 2026. Net proceeds will redeem part of $500M 0.90% notes maturing Feb 15, 2026 and pay related interest/fees. 💵🔁 #DebtOffering #FixedIncome
Terms: 4.150% interest, paid semi‑annually Feb 15 & Aug 15 starting Aug 15, 2026. Notes are unsecured senior obligations, pari passu with other unsecured debt. Change‑of‑control purchase at 101% + accrued interest. 🏦📄 $MKC #CorporateFinance #FixedIncome
Underwriters reps: BofA Securities, Truist & Wells Fargo; offering registered on Form S‑3 (No. 333‑271070). Indenture dated July 8, 2011; Trustee U.S. Bank Trust Co. (affiliate U.S. Bancorp Investments, Inc.). WilmerHale legal opinion dated Feb 5, 2026. 🧾⚖️ #SECfilings