Mars Inc. Secures $1 Billion via Private Bonds to Repay Acquisition Loans
Jan 10, 2025

Mars Inc. Secures $1 Billion via Private Bonds to Repay Acquisition Loans

Mars Inc., the global confectionery and food giant, has successfully raised $1 billion through a series of privately-placed bonds. According to a Bloomberg report, these bonds have been offered in tranches denominated in both sterling and dollars, targeting institutional investors with maturities set for five, nine, and fourteen years.

This strategic financial move is meant to aid Mars in repaying the significant bank loans obtained to facilitate its acquisition of major food producer Kellanova. The company, well-known for beloved brands such as Skittles and M&Ms, is eyeing the US private placement market—a less typical yet effective funding channel for notable businesses such as biotechnology firm Thermo Fisher Scientific, which recently secured funding of 1.15 billion Swiss francs ($1.27 billion) in a similar manner.

The private debt, arranged by financial heavyweights Citigroup Inc. and JPMorgan Chase & Co., sets the stage for a forthcoming public issuance of investment-grade bonds. This anticipated move reflects Mars's broader strategy to replace its $29 billion bridge loan, secured in August, with more sustainable and cost-effective long-term corporate debt encompassing both private and public options.

Data from the IndexBox platform underscores the significance of such financial maneuvers in the packaged food sector, which continues to navigate turbulent economic conditions and shifting consumer preferences. Mars's proactive approach to restructurize its financial obligations could serve as a bellwether for other industry players looking to bolster their market strategies through innovative debt management.

Source: IndexBox Market Intelligence Platform

  1. 1. INTRODUCTION

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    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

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    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
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  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

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    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
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    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
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    4. TOP IMPORTING MARKETS
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  7. 7. GLOBAL PRODUCTION

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    1. PRODUCTION VOLUME AND VALUE
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  8. 8. GLOBAL IMPORTS

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    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
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  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
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  10. 10. PROFILES OF MAJOR PRODUCERS

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  11. 11. COUNTRY PROFILES

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    • United States
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    • Pakistan
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    • Algeria
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    • Qatar
    • Peru
    • Romania
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  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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