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Re: DewDiligence post# 7742

Wednesday, 12/04/2013 7:36:07 AM

Wednesday, December 04, 2013 7:36:07 AM

Post# of 29420
And it still thinks it needs money, or has decided to go to the filling station while it's still open.

FT

This week's borrowing binge by corporate America continues.

Mondelez International, which was spun out of US food and drink company Kraft last year, is selling fixed and floating-rate notes in euros.

According to its prospectus, it's selling floating-rate and fixed-rate notes due in 2017 and 2021. The company, which owns confectioner Cadbury, didn't specify how much it is seeking to raise.

As the FT's Vivianne Rodrigues reported on fastFT on Tuesday, a handful of the biggest names in corporate America, including drugmaker Johnson & Johnson and Microsoft, have sold bonds this week in both euros and dollars.

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