date:Jun 19, 2012
Under the offer, Kraft will exchange a certain amount of its 6.5% notes due in 2040, 6.875% notes due in 2039, 6.875% notes due in 2038, 7% notes due in 2037, 6.5% notes due in 20031, 5.375% notes due in 2020, 6.125% notes due in August 2018 and 6.125% notes due in February 2018 for new notes with the same maturity and interest rates, to be issued by Kraft Foods Group, the North American grocery company of Kraft Foods, Inc. Kraft Foods Group and Mondelez International will be spun off from Kraft