Kraft Heinz Foods Company, founded in 2015 through the merger of Kraft Foods Group and H.J. Heinz Company, is headquartered in Chicago, Illinois. The company aims to deliver high-quality food products to consumers worldwide, with a portfolio that includes well-known brands such as Heinz ketchup, Kraft mac and cheese, and Oscar Mayer meats.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Kraft Heinz began issuing bonds shortly after its formation, with a notable issuance in 2018 that raised $7 billion to fund its acquisition strategies. As of late 2023, the company has a variety of debt instruments with yields that are competitive within the consumer staples sector. The company’s bonds are characterized by their fixed-rate structure, providing stable income for investors amidst fluctuating market conditions. Recently, Kraft Heinz has faced scrutiny regarding its leverage, affecting bond performance and attracting investor attention.