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Explain what is being described by the announcement

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Reference no: EM132826733

The following appeared in the October 15, 2018, issue of the Financial Smarts Journal: This announcement is not an offer of securities for sale or an offer to buy securities.

New Issue October 15, 2018 $750,000,000
Craft Foods, Inc. 7.75%
Debentures Due October 1, 2028
Price 99.57%

  • Plus, accrued interest if any from date of issuance
  • Copies of the prospectus and the related prospectus supplement may be obtained from such of the undersigned as may legally offer these securities under applicable securities laws.

Problem 1: Explain what is being described by the announcement.

Reference no: EM132826733

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