---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-075241"
form_type: "8-K"
ticker: "BGS"
cik: "0001278027"
company_name: "B&G Foods, Inc."
filed_at: "2022-06-28T23:59:59+00:00"
generated_at: "2026-06-24T22:34:34.980075+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# B&G Foods amends credit facility to raise leverage cap, updates ATM sales

## Summary
- Credit agreement amended: max leverage ratio temporarily increased to 8.00x for Q3 2022–Q3 2023, then steps down.
- Q2 2022: sold 2,739,568 shares under ATM program for $63.2M gross ($23.08/share).
- Since program launch: 6,547,627 shares sold, $179.0M gross proceeds ($27.34/share avg).
- Net proceeds used to repay revolver and for general corporate purposes, including potential acquisitions.
- CFO cites inflation, inventory build, and working capital needs; pricing actions and cost reductions ongoing.

## SEC filing metadata
- accession: 0001104659-22-075241
- form_type: 8-K
- ticker: BGS
- cik: 0001278027
- company_name: B&G Foods, Inc.
- filed_at: 2022-06-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1278027/000110465922075241/0001104659-22-075241-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1278027/000110465922075241/tm2219600d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-075241
- JSON: https://secwatch.observer/filing/0001104659-22-075241.json
- Plain text: https://secwatch.observer/filing/0001104659-22-075241.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.