Post Holdings, Inc. Debt Disclosure
| September 30, | |||||||||||
| 2024 | 2023 | ||||||||||
| 2.50% convertible senior notes maturing August 2027 | $ | 575.0 | $ | 575.0 | |||||||
| 4.50% senior notes maturing September 2031 | 980.6 | 1,049.7 | |||||||||
| 4.625% senior notes maturing April 2030 | 1,385.4 | 1,385.4 | |||||||||
| 5.50% senior notes maturing December 2029 | 1,235.0 | 1,235.0 | |||||||||
| 5.625% senior notes maturing January 2028 | 464.9 | 939.9 | |||||||||
| 5.75% senior notes maturing March 2027 | — | 459.3 | |||||||||
6.25% senior secured notes maturing February 2032 | 1,000.0 | — | |||||||||
6.375% senior notes maturing March 2033 | 1,200.0 | — | |||||||||
Fourth Incremental Term Loan | — | 400.0 | |||||||||
| Municipal bond | 4.2 | 5.3 | |||||||||
| $ | 6,845.1 | $ | 6,049.6 | ||||||||
| Less: Current portion of long-term debt | 1.2 | 1.1 | |||||||||
| Debt issuance costs, net | 55.9 | 42.0 | |||||||||
| Plus: Unamortized premium, net | 23.6 | 32.5 | |||||||||
| Total long-term debt | $ | 6,811.6 | $ | 6,039.0 | |||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2024 | Nov 15, 2024 | Showing above |
| 2023 | Nov 17, 2023 | |
| 2022 | Nov 17, 2022 | |
| 2021 | Nov 19, 2021 | |
| 2020 | Nov 20, 2020 | |
| 2018 | Nov 16, 2018 | |
| 2016 | Nov 18, 2016 | |
| 2015 | Nov 25, 2015 | |
About Debt Disclosures
Debt disclosures detail a company's borrowing structure — the types of instruments, interest rates, maturity schedule, and covenant restrictions that define its financial obligations and flexibility. This section is essential for assessing refinancing risk, interest rate exposure, and the margin of safety against financial distress.
Key signals: the maturity schedule reveals concentration risk — large maturities within 1-2 years during tight credit markets can force dilutive refinancing or asset sales. Compare the fair value of debt against carrying amount to gauge whether the market views the company's credit risk differently than the balance sheet suggests. Watch covenant compliance disclosures for tightening cushions, especially leverage and interest coverage ratios. Variable-rate debt exposure quantifies sensitivity to interest rate changes. Secured versus unsecured mix affects recovery rates and future borrowing capacity. Compare net debt-to-EBITDA against industry peers and covenant limits to assess financial health.