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General Mills ([[GIS]] +0.4%) sold $1B worth of bonds in its first benchmark offering in over a year. The large offering size still leaves the company with a strong balance sheet, but adds risk that it won't be able to finance a major acquisition through more debt issuance, according to credit analysts.

General Mills (GIS +0.4%) sold $1B worth of bonds in its first benchmark offering in over a year. The large offering size still leaves the company with a strong balance sheet, but adds risk that it won't be able to finance a major acquisition through more debt issuance, according to credit analysts. 2 comments!

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