09:46 AM EDT, 06/26/2024 (MT Newswires) -- B&G Foods ( BGS ) said Wednesday it plans to offer an additional $100 million of 8% senior secured notes due 2028, pending market conditions.

The company said the new notes will be issued under the existing September 2023 indenture from its earlier offering of 8% senior secured notes due 2028.

Proceeds from the offering are intended to repay part of B&G Foods' ( BGS ) revolving credit loans and cover related expenses, the company said.

Completion of the offering is not guaranteed, B&G Foods ( BGS ) added.

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