Hormel Foods Corporation 3.05% 03-JUN-2051Hormel Foods Corporation 3.05% 03-JUN-2051Hormel Foods Corporation 3.05% 03-JUN-2051

Hormel Foods Corporation 3.05% 03-JUN-2051

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HRL5193039 analysis



Key facts


Issue date
Jun 3, 2021
Maturity date
Jun 3, 2051
Outstanding amount
‪600.00 M‬USD
Face value
1,000.00USD
Minimum denomination
2,000.00USD
Coupon
3.05% (Fixed)
Yield to maturity
6.36%
Hormel Foods Corp. engages in the manufacturing and marketing of branded food products. It operates through the following segments: Retail, Foodservice, and International. The Retail segment consists of the processing, marketing, and sale of food products sold predominantly in the retail market. The Foodservice segment includes the processing, marketing, and sale of food and nutritional products for foodservice, convenience store, and commercial customers. The International segment focuses on processing, marketing, and selling company products internationally. The company was founded by George A. Hormel in 1891 and is headquartered in Austin, MN.
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