StocktradeC

B&G Foods announces public offering of senior notes

NYSE:BGS   B&G Foods, Inc
B&G Foods ( BGS -0.3%) intends to offer $450M of senior notes due 2027.

B&G Foods intends to use the proceeds of the offering, together with the proceeds of borrowings under B&G Foods’ proposed first lien senior secured term loan facility, to redeem all of B&G Foods’ outstanding 4.625% senior notes due 2021, repay a portion of B&G Foods’ borrowings under its revolving credit facility and pay related fees and expenses.

source

For more analysis and articles visit our website.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.