Family-owned confectionery giant Mars is set to raise between USD 25 and 30 billion through a bond issuance to finance the acquisition of chip manufacturer Pringles by Kellanova. This deal forms part of a broader expansion initiative that involves a total bond issuance amounting to around USD 40 billion aimed at supporting multiple acquisitions. Industry analysts regard this move as a prime example of leveraging debt instruments to fund mergers and acquisitions in today's competitive market.