ConAgra Foods selling senior notes in four maturities Tuesday

By Andrea Heisinger

New York, Jan. 15 - ConAgra Foods, Inc. is in Tuesday's market with an offering of senior notes (Baa2/BBB/) in four tranches, according to a 424B5 filing with the Securities and Exchange Commission.

The offering includes maturities of 2016, 2018, 2023 and 2043.

There is a change-of-control put at 101%.

Bookrunners for the three-year notes are RBS Securities Inc., Bank of America Merrill Lynch, J.P. Morgan Securities LLC and U.S. Bancorp Investments Inc.

Bookrunners for the five-year notes are Wells Fargo Securities LLC, JPMorgan, Bank of America Merrill Lynch and BNP Paribas Securities Corp.

Bookrunners for the 10-year tranche are Bank of America Merrill Lynch, JPMorgan, Wells Fargo and Mitsubishi UFJ Securities (USA) Inc.

The 30-year bonds have bookrunners JPMorgan, Bank of America Merrill Lynch, Mitsubishi UFJ and Mizuho Securities USA Inc.

Proceeds will be used to fund the pending acquisition of Ralcorp Holdings, Inc. totaling about $6.8 billion, including the assumption of debt.

There is a mandatory call at 101 if the acquisition is not done by Aug. 26.

ConAgra is an Omaha-based maker of prepared foods.

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