Complete final settlement for the tender offer
Delivered by the deadline
AI-assessed · human review in progress Found and assessed by AI from the cited sources. Shown with its evidence; it is not counted in any Kept Score until confirmed.
- Announced
- 5 May 2020
- Due
- 1 Jun 2020
- Delivered
- June 2020
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“Settlement for Notes tendered after the Early Tender Time, but at or prior to the Expiration Time, is expected to occur on June 1, 2020”
What we found
Evidence strength A What the grades mean
The company successfully completed the tender offer settlement, recognizing a loss on debt extinguishment in the second quarter of 2020, which includes the period ending June 27, 2020.
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A Kraft Heinz 10-Q filed 2020-07-31
“We recognized this loss on extinguishment of debt within interest expense on the condensed consolidated statements of income for the three and six months ended June 27, 2020.” ✓ confirmed on the page
Market reaction: the shares moved +0.1% against the S&P 500 over the three sessions around the disclosure (30 Jul 2020 to 4 Aug 2020). What this measures
Checked 18 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Transaction other
- Indicative materiality
- Medium rules
- Action
- Complete
- Deliverable
- Final settlement of tender offer
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- High
- Specificity
- High
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: disagreesClaude (Anthropic) re-read the evidence blind and read it as “no_evidence”.
- Tie-breakA stronger model read the evidence and both earlier answers, without knowing which was recorded, and agrees with the second check.
Not yet confirmed. Shown on the record, but it will not count in any score until it is confirmed. How verification works
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Report an error in this entry Reference: KI-C-2020-KHC-014194 · Corrections policy