Cleary Gottlieb represented the underwriters, led by Merrill Lynch, Pierce, Fenner & Smith and UBS Securities in a recent SEC- registered debt offering by The Hershey Company. The Hershey Company issued $250 million of 2.625% fixed rate notes due 2023. The notes were offered for sale in the United States and abroad. The deal closed on May 17, 2013.
The Hershey Company is the largest producer of quality chocolate in North America and a global leader in chocolate and sugar confectionary. Headquartered in Hershey, Pa., The Hershey Company has operations throughout the world and more than 12,000 employees. With revenues of over $6 billion, Hershey offers confectionary products under more than 25 brand names, including such iconic brands as Hershey’s, Reese’s, Hershey’s Kisses, Hershey’s Bliss, Hershey’s Special Dark and Hershey’s Extra Dark, Kit Kat, Twizzlers, and Ice Breakers.
