Press release content from Business Wire. The AP news staff was not involved in its creation. General Mills Announces Pricing Terms for its Exchange Offer January 22, 2021 GMT MINNEAPOLIS--(BUSINESS WIRE)--Jan 22, 2021-- General Mills, Inc. (“General Mills”) (NYSE: GIS) today announced pricing terms with respect to its previously announced offer to exchange (the “Exchange Offer”) the four series of notes described in the below table (collectively, the “Existing Notes”) for a combination of cash and a series of newly issued General Mills notes due 2051 (the “New Notes”) as described in, and for the consideration summarized in, the table below. For each $1,000 principal amount of Existing Notes validly tendered and not validly withdrawn at or prior to 5:00 p.m., New York City time, on January 21, 2021 (the “Early Participation Time”), and accepted by General Mills, the following table sets forth, among other things, the yields, the total consideration, the principal amount of the New Notes and the amount of cash, each as calculated as of 10:00 a.m., New York City time, on January 22, 2021 (the “Pricing Time”):