The Kraft Heinz Company
Kraft Heinz Company Extends Credit Facility Maturity Date
Summary
On September 27, 2024, The Kraft Heinz Company, together with its subsidiary Kraft Heinz Foods Company, entered into a Third Amendment to its Credit Agreement, dated July 8, 2022. The Amendment extends the maturity date of the $4.0 billion revolving credit facility from July 8, 2028, to July 8, 2029. This amendment is intended to provide the Company with additional financial flexibility.
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About The Kraft Heinz Company
The Kraft Heinz Company is a globally recognized food and beverage conglomerate formed through the merger of Kraft Foods Group and H.J. Heinz Company in 2015. Specializing in the production and distribution of a broad portfolio of brands, the company is known for iconic names such as Heinz Ketchup, Kraft Macaroni & Cheese, and Philadelphia Cream Cheese. Its primary function is to manufacture and market consumer packaged goods across the globe, serving a vast network of retail and foodservice businesses. The company significantly impacts sectors such as grocery retail, food service, and packaged food manufacturing. Headquartered in Pittsburgh, Pennsylvania, and Chicago, Illinois, Kraft Heinz is one of the world's largest food and beverage companies, playing a pivotal role in shaping food trends and consumer preferences. Its products are staples in households across North America, Europe, Asia Pacific, and Latin America, underscoring its commitment to quality and innovation in the food industry.
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