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Stock impact report

B&G Foods Announced Proposed Credit Agreement Refinancing

B&G Foods, Inc. B&G Foods, Inc. (BGS) 
Last b&g foods, inc. b&g foods, inc. earnings: 2/25 04:05 pm Check Earnings Report
US:NYSE Investor Relations: en.wikipedia.org/wiki/b
Company Research Source: Business Wire
PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE: BGS) announced today that it intends to amend, extend the maturity date and upsize its existing tranche B term facility under its senior secured credit facility. B&G Foods plans to use the proceeds of the tranche B term loans to refinance the existing tranche B term loans and repay a portion of B&G Foods’ existing revolving loans. B&G Foods also plans to decrease the size of the revolver capacity and extend the maturity date of its existing revolving credit facility. The consummation of the refinancing is subject to completion of definitive agreements as well as customary closing conditions, and is subject to market conditions. There can be no assurance that the refinancing will occur, or, if it does, as to the terms of the refinancing.This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy securities, nor shall there be any sale of securities in an Show less Read more
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