General Mills Inc.
General Mills, Inc. Enters into New Five-Year Credit Facility and Terminates Previous Agreement.
Summary
On October 9, 2024, General Mills, Inc. (the "Company") entered into a new five-year credit facility with an initial aggregate revolving commitment of $2.7 billion. This new facility replaces the previous Five-Year Credit Agreement, which was terminated on the same date. The new Credit Agreement is detailed in Exhibit 10 to this Report.
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Exhibits (1)
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About General Mills Inc.
General Mills Inc. is a leading global manufacturer and marketer of branded consumer foods. It operates in the retail, foodservice, and commercial baking industries, offering a diverse portfolio that includes cereals, snacks, yogurt, and convenient meals. Notable brands under General Mills include Cheerios, Betty Crocker, Häagen-Dazs, Nature Valley, and Pillsbury. The company plays a critical role in the consumer staples sector by producing and distributing food products that are essential for everyday consumption. General Mills' commitment to innovation and sustainability is evident in its focus on health-conscious offerings and renewable packaging. Headquartered in Minneapolis, Minnesota, General Mills has a significant market presence across North America and globally in more than 100 countries, underscoring its influence in the global food supply chain and consumer market. With a strong emphasis on community engagement and corporate responsibility, General Mills continues to impact the food industry through strategic growth and adaptation to consumer preferences.
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