Filed Pursuant to Rule 433
Registration No. 333-213290
August 7, 2017
KRAFT HEINZ FOODS COMPANY
Pricing Term Sheet
$350,000,000 Floating Rate Senior Notes due 2019
Guaranteed by The Kraft Heinz Company
| Issuer: | Kraft Heinz Foods Company | |
| Ratings*: | Baa3 / BBB- (Moody’s / S&P) | |
| Principal Amount: | $350,000,000 | |
| Trade Date: | August 7, 2017 | |
| Settlement Date: | August 10, 2017; T+3 | |
| Maturity Date: | August 9, 2019 | |
| Interest Payment and Reset Dates: | Quarterly in arrears on February 9, May 9, August 9 and November 9 of each year, beginning on November 9, 2017 | |
| Method of Calculation: | Actual / 360 | |
| Interest Rate Basis and Base Rate Spread: | Three-month LIBOR plus 42 basis points, reset quarterly | |
| Price to Public: | 100.000% of principal amount | |
| CUSIP: | 50077L AN6 | |
| ISIN: | US50077LAN64 | |
| Optional Redemption: | May not be redeemed before maturity | |
| Minimum Denomination: | $2,000 and integral multiples of $1,000 in excess thereof | |
| Joint Book-Running Managers: | Barclays Capital Inc. J.P. Morgan Securities LLC Citigroup Global Markets Inc. Goldman Sachs & Co. LLC Merrill Lynch, Pierce, Fenner & Smith Incorporated Morgan Stanley & Co. LLC Wells Fargo Securities, LLC | |
| Senior Co-Managers: | BNP Paribas Securities Corp. Crédit Agricole Securities (USA) Inc. Credit Suisse Securities (USA) LLC Deutsche Bank Securities Inc. HSBC Securities (USA) Inc. Mizuho Securities USA LLC MUFG Securities Americas Inc. RBC Capital Markets, LLC Santander Investment Securities Inc. SMBC Nikko Securities America, Inc. | |
| Co-Managers: | Rabo Securities USA, Inc. Standard Chartered Bank | |
* Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (SEC) for this offering. Before you invest, you should read the prospectus in that registration statement, and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by searching the SEC online database (EDGAR) at www.sec.gov. Alternatively, you may obtain a copy of the prospectus from Barclays Capital Inc. by calling 1-888-603-5847 or J.P. Morgan Securities LLC by calling collect at 1-212-834-4533.
Any legends, disclaimers or other notices that may appear below are not applicable to this communication and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of this communication having been sent via Bloomberg or another e-mail system.
KRAFT HEINZ FOODS COMPANY
Pricing Term Sheet
$650,000,000 Floating Rate Senior Notes due 2021
Guaranteed by The Kraft Heinz Company
| Issuer: | Kraft Heinz Foods Company | |
| Ratings*: | Baa3 / BBB- (Moody’s / S&P) | |
| Principal Amount: | $650,000,000 | |
| Trade Date: | August 7, 2017 | |
| Settlement Date: | August 10, 2017; T+3 | |
| Maturity Date: | February 10, 2021 | |
| Interest Payment and Reset Dates: | Quarterly in arrears on February 10, May 10, August 10 and November 10 of each year, beginning on November 10, 2017 | |
| Method of Calculation: | Actual / 360 | |
| Interest Rate Basis and Base Rate Spread: | Three-month LIBOR plus 57 basis points, reset quarterly | |
| Price to Public: | 100.000% of principal amount | |
| CUSIP: | 50077L AP1 | |
| ISIN: | US50077LAP13 | |
| Optional Redemption: | May not be redeemed before maturity | |
| Minimum Denomination: | $2,000 and integral multiples of $1,000 in excess thereof | |
| Joint Book-Running Managers: | Barclays Capital Inc. J.P. Morgan Securities LLC Citigroup Global Markets Inc. Goldman Sachs & Co. LLC Merrill Lynch, Pierce, Fenner & Smith Incorporated Morgan Stanley & Co. LLC Wells Fargo Securities, LLC | |
| Senior Co-Managers: | BNP Paribas Securities Corp. Crédit Agricole Securities (USA) Inc. Credit Suisse Securities (USA) LLC Deutsche Bank Securities Inc. HSBC Securities (USA) Inc. Mizuho Securities USA LLC MUFG Securities Americas Inc. RBC Capital Markets, LLC Santander Investment Securities Inc. SMBC Nikko Securities America, Inc. | |
| Co-Managers: | Rabo Securities USA, Inc. Standard Chartered Bank | |
* Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (SEC) for this offering. Before you invest, you should read the prospectus in that registration statement, and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by searching the SEC online database (EDGAR) at www.sec.gov. Alternatively, you may obtain a copy of the prospectus from Barclays Capital Inc. by calling 1-888-603-5847 or J.P. Morgan Securities LLC by calling collect at 1-212-834-4533.
Any legends, disclaimers or other notices that may appear below are not applicable to this communication and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of this communication having been sent via Bloomberg or another e-mail system.
KRAFT HEINZ FOODS COMPANY
Pricing Term Sheet
$500,000,000 Floating Rate Senior Notes due 2022
Guaranteed by The Kraft Heinz Company
| Issuer: | Kraft Heinz Foods Company | |
| Ratings*: | Baa3 / BBB- (Moody’s / S&P) | |
| Principal Amount: | $500,000,000 | |
| Trade Date: | August 7, 2017 | |
| Settlement Date: | August 10, 2017; T+3 | |
| Maturity Date: | August 10, 2022 | |
| Interest Payment and Reset Dates: | Quarterly in arrears on February 10, May 10, August 10 and November 10 of each year, beginning on November 10, 2017 | |
| Method of Calculation: | Actual / 360 | |
| Interest Rate Basis and Base Rate Spread: | Three-month LIBOR plus 82 basis points, reset quarterly | |
| Price to Public: | 100.000% of principal amount | |
| CUSIP: | 50077L AQ9 | |
| ISIN: | US50077LAQ95 | |
| Optional Redemption: | May not be redeemed before maturity | |
| Minimum Denomination: | $2,000 and integral multiples of $1,000 in excess thereof | |
| Joint Book-Running Managers: | Barclays Capital Inc. J.P. Morgan Securities LLC Citigroup Global Markets Inc. Goldman Sachs & Co. LLC Merrill Lynch, Pierce, Fenner & Smith Incorporated Morgan Stanley & Co. LLC Wells Fargo Securities, LLC | |
| Senior Co-Managers: | BNP Paribas Securities Corp. Crédit Agricole Securities (USA) Inc. Credit Suisse Securities (USA) LLC Deutsche Bank Securities Inc. HSBC Securities (USA) Inc. Mizuho Securities USA LLC MUFG Securities Americas Inc. RBC Capital Markets, LLC Santander Investment Securities Inc. SMBC Nikko Securities America, Inc. | |
| Co-Managers: | Rabo Securities USA, Inc. Standard Chartered Bank | |
* Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The issuer has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (SEC) for this offering. Before you invest, you should read the prospectus in that registration statement, and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by searching the SEC online database (EDGAR) at www.sec.gov. Alternatively, you may obtain a copy of the prospectus from Barclays Capital Inc. by calling 1-888-603-5847 or J.P. Morgan Securities LLC by calling collect at 1-212-834-4533.
Any legends, disclaimers or other notices that may appear below are not applicable to this communication and should be disregarded. Such legends, disclaimers or other notices have been automatically generated as a result of this communication having been sent via Bloomberg or another e-mail system.
