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MDLZ - Mondelez International Inc News Story

$62.18 -0.3  -0.5%

Last Trade - 18/05/21

Sector
Consumer Defensives
Size
Large Cap
Market Cap £62.09bn
Enterprise Value £74.52bn
Revenue £19.18bn
Position in Universe 143rd / 6846

Mondelēz International Announces Redemption Prices for 1.000% Notes due 2022, 1.625% Notes due 2023, 2.125% Notes due 2023 and 4.000% Notes due 2024

Mon 29th March, 2021 1:30pm
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CHICAGO, March 29, 2021 (GLOBE NEWSWIRE) -- Mondelēz International, Inc.
(Nasdaq: MDLZ) (“Mondelēz International” or the “Company”) today
announced the redemption prices for its outstanding 1.000% Notes due 2022 (the
“1.000% Notes”), 1.625% Notes due 2023 (the “1.625% Notes”), 2.125%
Notes due 2023 (the “2.125% Notes”) and 4.000% Notes due 2024 (the
“4.000% Notes” and, together with the 1.000% Notes, the 1.625% Notes and
the 2.125% Notes, the “Notes”). 

The 1.000% Notes (CUSIP No. 609207AD7) were issued pursuant to the Indenture,
dated as of March 6, 2015, by and between the Company and Deutsche Bank Trust
Company Americas, as trustee (as supplemented and amended from time to time,
the “2015 Base Indenture”), as supplemented by the Officers’ Certificate
of the Company, dated as of March 6, 2015, issued pursuant to Section 301 of
the 2015 Base Indenture. As previously announced, the Company will redeem the
1.000% Notes on March 31, 2021 (the “Redemption Date”). The redemption
price per €1,000 principal amount of the redeemed 1.000% Notes (the
“1.000% Notes Redemption Price”) is €1,014.32. In addition to the 1.000%
Notes Redemption Price, the redeeming holders of the 1.000% Notes will receive
€0.65753 in accrued interest per €1,000 principal amount of the redeemed
1.000% Notes. Therefore, the total 1.000% Notes Redemption Price plus accrued
interest will be €1,014.98 per €1,000 principal amount of the redeemed
1.000% Notes.

The 1.625% Notes (CUSIP No. 609207AJ4) were issued pursuant to the 2015 Base
Indenture, as supplemented by the Officers’ Certificate of the Company,
dated as of January 21, 2016, issued pursuant to Section 301 of the 2015 Base
Indenture. As previously announced, the Company will redeem the 1.625% Notes
on the Redemption Date. The redemption price per €1,000 principal amount of
the redeemed 1.625% Notes (the “1.625% Notes Redemption Price”) is
€1,038.25. In addition to the 1.625% Notes Redemption Price, the redeeming
holders of the 1.625% Notes will receive €3.11644 in accrued interest per
€1,000 principal amount of the redeemed 1.625% Notes. Therefore, the total
1.625% Notes Redemption Price plus accrued interest will be €1,041.37 per
€1,000 principal amount of the redeemed 1.625% Notes.

The 2.125% Notes (CUSIP No. 609207AS4) were issued pursuant to the 2015 Base
Indenture, as supplemented by the Officers’ Certificate of the Company,
dated as of April 13, 2020, issued pursuant to Section 301 of the 2015 Base
Indenture. As previously announced, the Company will redeem the 2.125% Notes
on the Redemption Date. The redemption price per $1,000 principal amount of
the redeemed 2.125% Notes (the “2.125% Notes Redemption Price”) is
$1,032.63. In addition to the 2.125% Notes Redemption Price, the redeeming
holders of the 2.125% Notes will receive $9.92 in accrued interest per $1,000
principal amount of the redeemed 2.125% Notes. Therefore, the total 2.125%
Notes Redemption Price plus accrued interest will be $1,042.55 per $1,000
principal amount of the redeemed 2.125% Notes.

The 4.000% Notes (CUSIP No. 609207AB1) were issued pursuant to the Indenture,
dated as of October 17, 2001, by and between the Company and Deutsche Bank
Trust Company Americas, as trustee (as supplemented and amended from time to
time, the “2001 Base Indenture”), as supplemented by the Officers’
Certificate of the Company, dated as of January 16, 2014, issued pursuant to
Section 301 of the 2001 Base Indenture. As previously announced, the Company
will redeem the 4.000% Notes on the Redemption Date. The redemption price per
$1,000 principal amount of the redeemed 4.000% Notes (the “4.000% Notes
Redemption Price”) is $1,099.87. In addition to the 4.000% Notes Redemption
Price, the redeeming holders of the 4.000% Notes will receive $6.67 in accrued
interest per $1,000 principal amount of the redeemed 4.000% Notes. Therefore,
the total 4.000% Notes Redemption Price plus accrued interest will be
$1,106.54 per $1,000 principal amount of the redeemed 4.000% Notes.

About Mondelēz International
Mondelēz International, Inc. (Nasdaq: MDLZ) empowers people to snack right in
over 150 countries around the world. With 2020 net revenues of approximately
$27 billion, MDLZ is leading the future of snacking with iconic global and
local brands such as OREO, belVita and LU biscuits; Cadbury Dairy Milk, Milka
and Toblerone chocolate; Sour Patch Kids candy and Trident gum. Mondelēz
International is a proud member of the Standard and Poor’s 500, Nasdaq 100
and Dow Jones Sustainability Index. Visit www.mondelezinternational.com or
follow the company on Twitter at www.twitter.com/MDLZ.

Forward-Looking Statements
This press release contains forward-looking statements. Words, and variations
of words, such as “will,” “may,” “expect,” “plan” and similar
expressions are intended to identify these forward-looking statements,
including, but not limited to, statements about the redemption of the Notes.
These forward-looking statements are subject to a number of risks and
uncertainties, many of which are beyond Mondelēz International’s control,
which could cause Mondelēz International’s actual results to differ
materially from those indicated in these forward-looking statements. Please
also see Mondelēz International’s risk factors, as they may be amended from
time to time, set forth in its filings with the U.S. Securities and Exchange
Commission, including its most recently filed Annual Report on Form 10-K.
Mondelēz International disclaims and does not undertake any obligation to
update or revise any forward-looking statement in this press release, except
as required by applicable law or regulation.

 Contact:  Jess Vogl (Media)  Shep Dunlap (Investors)  
           +1 847 943 5678    +1 847 943 5454          
           news@mdlz.com      ir@mdlz.com              



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GlobeNewswire, Inc. 2021
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