Send us Feedback

Hershey Foods (HSY)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

HSY » Topics » $250,000,000 5.000% NOTES DUE APRIL 1, 2013

This excerpt taken from the HSY 8-K filed Mar 27, 2008.

$250,000,000 5.000% NOTES DUE APRIL 1, 2013

 

Name of Issuer:

    The Hershey Company

Title of Securities:

    5.000% Notes due April 1, 2013 (“Notes”)

Aggregate Principal Amount:

    $250,000,000

Issue Price (Price to Public):

    99.488% of principal amount

Maturity:

    April 1, 2013

Coupon (Interest Rate):

    5.000%

Benchmark Treasury:

    UST 2.750% due February 2013

Spread to Benchmark Treasury:

    250 basis points (2.500%)

Benchmark Treasury Price and Yield:

    $100-19+ 2.617%

Yield to Maturity:

    5.117%

Interest Payment Dates:

    April 1 and October 1of each year, commencing on October 1, 2008

Interest Payment Record Dates:

    March 15 and September 15 of each year

Redemption Provision:

    Treasury plus 37.5 basis points

Change of Control Offer:

    Offer to repurchase at 101% of principal amount plus accrued interest to repurchase date upon change of control resulting in a rating below investment grade

Denominations:

    $2,000 or integral multiples of $1,000 in excess thereof

Net Proceeds to The Hershey Company:

    $247,845,000

Legal Format:

    SEC Registered (Registration No. 333-133938)

Settlement Date:

    T + 3 days; March 27, 2008

Joint Book-Running Managers:

    Citigroup Global Markets Inc.; UBS Securities LLC

Senior Co-Manager:

    Banc of America Securities LLC

Co-Managers:

    Barclays Capital Inc.; CIBC World Markets Corp.; Daiwa Securities America Inc.; J.P. Morgan Securities Inc.; PNC Capital Markets LLC; The Williams Capital Group, L.P.

CUSIP:

    427866 AQ1

ISIN:

    US427866AQ16

Common Code:

    035539646

Ratings:

    A2 / A

 

SCHEDULE III(b) – Page 1

Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.

The offer and sale of the Securities to which this final term sheet relates have been registered by The Hershey Company by means of a registration statement on Form S-3 (SEC File No. 333-133938).

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in this offering will arrange to send you the prospectus if you request it by calling UBS Securities LLC toll-free at 1-877-827-6444 ext. 561-3884 or Citigroup Global Markets Inc. toll-free at 1-877-858-5407.

 

SCHEDULE III(b) – Page 2

"$250,000,000 5.000% NOTES DUE APRIL 1, 2013" elsewhere:

BEAM INC (FO)
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki