Mondelez International, Inc.
Mondelēz International Enters New Revolving Credit Agreement
Summary
Mondelēz International, Inc. has entered into a new 364-Day Revolving Credit Agreement for a $1.5 billion credit facility with JPMorgan Chase Bank, N.A. as the administrative agent. The agreement replaces the company's previous $1.5 billion 364-day senior unsecured revolving credit agreement, dated February 22, 2023, which was terminated in connection with the new agreement. The new facility is expected to be used for general corporate purposes and to support the company's commercial paper program.
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About Mondelez International, Inc.
Mondelez International, Inc. is a leading global snacking company specializing in confectionery, food, and beverages. The company produces an impressive array of iconic brands such as Oreo cookies, Cadbury chocolates, Toblerone, and Trident gum. Operating in over 150 countries, Mondelez focuses on providing a wide variety of snacks that appeal to different taste preferences around the world. With a strong commitment to sustainability, Mondelez aims to source ingredients responsibly and ensure environmental protection. The company plays a significant role in the consumer staples sector, heavily influencing global snack market trends through continuous product innovation and marketing strategies. Headquartered in Chicago, Illinois, Mondelez International is a key player in the processed food industry, balancing tradition with modern consumer demands.
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