US private-label food group Ralcorp Holdings is to offer US$450m in notes to help fund its planned acquisition of pasta maker American Italian Pasta Co.

The company said yesterday (21 July) that it would use the net proceeds to fund, in part, its plan to buy AIPC for $1.2bn.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Credit Suisse Securities (USA), J.P. Morgan Securities and Wells Fargo Securities are acting as joint book-running managers for the offering, Ralcorp said.

 

Just Food Excellence Awards - Nominations Closed

Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suite delivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.

Discover the Impact