Mondelez International Files 8-K on Debt Issuances

TL;DR

MDLZ dropped new debt notes across multiple maturities, check the rates!

AI Summary

Mondelez International, Inc. filed an 8-K on August 28, 2024, to report on other events and financial statements. The filing details various debt issuances, including notes due in 2027, 2028, 2033, 2035, 2041, and 2045, with interest rates ranging from 0.250% to 4.5%.

Why It Matters

This filing indicates Mondelez is actively managing its capital structure through various debt offerings, which could impact its financial leverage and future interest expenses.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of debt issuances and does not indicate any immediate operational or financial distress.

Key Numbers

• 0.250% — Lowest Note Interest Rate (Part of a series of debt issuances disclosed in the filing.)
• 4.5% — Highest Note Interest Rate (Part of a series of debt issuances disclosed in the filing.)
• 2027 — Earliest Note Maturity Year (Indicates short-term debt issuance.)
• 2045 — Latest Note Maturity Year (Indicates long-term debt issuance.)

Key Players & Entities

• Mondelez International, Inc. (company) — Filer
• 0001103982 (company) — Central Index Key
• 001-16483 (company) — SEC File Number
• 905 WEST FULTON MARKET (company) — Business Address
• CHICAGO (company) — Business City
• IL (company) — Business State
• 60607 (company) — Business Zip
• 847-943-4000 (company) — Business Phone
• KRAFT FOODS INC (company) — Former Company Name

FAQ

Key Financial Figures

• $500 million — issued an aggregate principal amount of $500 million of the senior notes due 2034 (the "Note

Filing Documents

• mdlz-20240828.htm (8-K) — 47KB
• exhibit44-8xkaugust282024.htm (EX-4.4) — 103KB
• exhibit51-8xkaugust282024.htm (EX-5.1) — 15KB
• exhibit52-8xkaugust282024.htm (EX-5.2) — 20KB
• h_axk-a1a.jpg (GRAPHIC) — 33KB
• logo2a.jpg (GRAPHIC) — 50KB
• 0001628280-24-038666.txt ( ) — 534KB
• mdlz-20240828.xsd (EX-101.SCH) — 4KB
• mdlz-20240828_def.xml (EX-101.DEF) — 18KB
• mdlz-20240828_lab.xml (EX-101.LAB) — 35KB
• mdlz-20240828_pre.xml (EX-101.PRE) — 19KB
• mdlz-20240828_htm.xml (XML) — 8KB

01. Other Events

Item 8.01. Other Events. On August 28, 2024, we issued an aggregate principal amount of $500 million of the senior notes due 2034 (the "Notes"). The Notes were issued pursuant to an Indenture, dated as of March 6, 2015 (the "Indenture"), by and between us and Deutsche Bank Trust Company Americas, as trustee (the "Trustee"), as supplemented and modified by the Supplemental Indenture No. 1, dated as of February 13, 2019 (the "Supplemental Indenture No. 1"), by and between us and the Trustee (to change the notice period for redemptions of the notes and future note offerings), and the Supplemental Indenture No. 2, dated as of April 13, 2020 (the "Supplemental Indenture No. 2"), by and between us and the Trustee (to allow for electronic execution, authentication, delivery and dating of documents under the Indenture), and as further supplemented and modified in respect of the Notes by an officers' certificate under Section 301 of the Indenture, dated as of August 28, 2024 (the "301 Certificate"). We filed with the Securities and Exchange Commission (the "SEC") the Indenture together with our Registration Statement (as defined below) on February 28, 2020. Copies of the Indenture, Supplemental Indenture No. 1, Supplemental Indenture No. 2 and the 301 Certificate are filed as Exhibits 4.1, 4.2, 4.3 and 4.4, respectively, to this Current Report. We have filed with the SEC a Prospectus, dated as of February 27, 2023, and a Prospectus Supplement for the Notes, dated as of August 22, 2024, each of which forms a part of our Registration Statement on Form S-3 (Registration No. 333-270063) (the "Registration Statement") in connection with the offering of the Notes. We are filing the items listed below as exhibits to this Current Report for the purpose of incorporating them as exhibits to the Registration Statement.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) The following exhibits are being filed with this Current Report on Form 8-K. Exhibit Number Description 4.1 Indenture (incorporated by reference to Exhibit 4.4 to the Registrant's Annual Report on Form 10-K for the year ended December 31, 2016, filed with the SEC on February 24, 2017). 4.2 Supplemental Indenture No. 1, dated February 13, 2019, between Mondelz International, Inc. and Deutsche Bank Trust Company Americas (incorporated by reference to Exhibit 4.2 to the Registrant's Current Report on Form 8-K dated February 13, 2019, filed with the SEC on February 13, 2019). 4.3 Supplemental Indenture No. 2, dated April 13, 2020, between Mondelz International, Inc. and Deutsche Bank Trust Company Americas (incorporated by reference to Exhibit 4.3 to the Registrant's Current Report on Form 8-K dated April 13, 2020, filed with the SEC on April 13, 2020). 4.4 301 Certificate. 4.5 Specimen of Notes (included in the 301 Certificate filed as Exhibit 4.4 hereto). 5.1 Opinion of Gibson, Dunn & Crutcher LLP, dated August 28, 2024. 5.2 Opinion of Hunton Andrews Kurth LLP, dated August 28, 2024. 23.1 Consent of Gibson, Dunn & Crutcher LLP (included in Exhibit 5.1 hereto). 23.2 Consent of Hunton Andrews Kurth LLP (included in Exhibit 5.2 hereto). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MONDELZ INTERNATIONAL, INC. By: /s/ Luca Zaramella Name: Luca Zaramella Title: Executive Vice President and Chief Financial Officer Date: August 28, 2024 3

View Full Filing

View this 8-K filing on SEC EDGAR