debt
confidence high
sentiment neutral
materiality 0.50
Conagra Brands issues $500M 5.400% Senior Notes due 2031
CONAGRA BRANDS INC.
- $500M aggregate principal of 5.400% Senior Notes due August 1, 2031.
- Notes are senior unsecured, rank equally with other senior unsecured debt.
- Interest payable semi-annually starting February 1, 2027.
- Change of control triggering event requires repurchase at 101% of principal plus accrued interest.
- Underwriters: BofA Securities, Goldman Sachs, Mizuho, Wells Fargo.