JAB Holdings talks $500 million notes due 2051 at 175 bps area spread

By Cristal Cody

Chicago, May 25 – JAB Holdings BV is in the market on Tuesday with a $500 million offering of notes due May 28, 2051, based on a report from a market source.

The notes are being talked in the Treasuries plus 175 basis points area.

BofA Securities Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Santander Investment Securities Inc. and TD Securities (USA) LLC are managing the sale of the notes.

JAB Holdings is a subsidiary of Luxembourg-based investment conglomerate JAB Holding. JAB owns brands including Keurig Dr Pepper, Krispy Kreme and Panera Bread.

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