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Form 8-K · Current Report · Filed 2024-11-21

General Mills Announces Issuance of $1.5 Billion in New Notes

On November 18, 2024, General Mills, Inc. agreed to sell $1.5 billion aggregate principal amount of its 4.875% Notes due 2030 and 5.250% Notes due 2035. The sale is expected to close on November 21, 2024, subject to customary closing conditions. The purpose of this filing is to furnish the Underwriting Agreement, Officers' Certificates, and a legal opinion regarding the validity of the Notes.

Filer
General Mills Inc. GIS · NYSE
Filed
Accession
0001193125-24-263045
CIK
0000040704
Signal
High impactConsumer Defensive

Items reported

Item 8.01

Other Events

Regulatory Approval Dividend Increase Stock Split Reverse Stock Split Share Repurchase Program Announced Rights Offering
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$63.80

Next session

+1.9%

Since filing

-44.0%

Latest close

$35.75

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from GIS reporting the same item, with the next session's move:

Exhibits (4)

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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