secwatch.observer — SEC 8-K summary
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Issuer:     CONAGRA BRANDS INC. (CAG)
CIK:        0000023217
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0000023217-25-000019
Event type: debt
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Conagra extends $300M BofA term loan to Oct 2025 and adds $200M Mizuho loan
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- Extended $300M unsecured Bank of America term loan to Oct 29, 2025; interest at Term SOFR+0.875% or Base Rate.
- New $200M unsecured term loan from Mizuho Bank, also due Oct 29, 2025; same interest rate structure.
- Mizuho loan includes financial covenants: max net leverage ratio and min interest coverage ratio.
- Loans are unsecured; total $500M in short-term debt extended/added with no prepayment penalty.
- Proceeds for general corporate purposes; voluntary prepayment permitted without premium or penalty.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23217/000002321725000019/0000023217-25-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23217/000002321725000019/tmb-20250429x8k.htm
  HTML page:      https://secwatch.observer/filing/0000023217-25-000019

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