B&G Foods to Redeem Remaining $265.4 Million of Notes due 2025-February 2024-www.financetom.com

B&G Foods to Redeem Remaining $265.4 Million of Notes due 2025

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B&G Foods to Redeem Remaining $265.4 Million of Notes due 2025

Sep 10, 2024 12:13 AM

01:49 PM EDT, 09/09/2024 (MT Newswires) -- B&G Foods ( BGS ) said Monday it will redeem all remaining $265.4 million of its 5.25% senior notes due 2025 at par plus accrued and unpaid interest.

The redemption will be funded with loans from an existing credit facility and cash on hand, the company said.

Shares of the company were down 2.2% in recent trading.

Price: 8.51, Change: -0.19, Percent Change: -2.24

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