secwatch.observer — SEC 8-K summary
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Issuer:     B&G Foods, Inc. (BGS)
CIK:        0001278027
Form:       8-K
Filed at:   2023-09-14T23:59:59+00:00
Accession:  0001104659-23-100831
Event type: debt
Sentiment:  neutral
Materiality: 0.50
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

B&G Foods prices $550M 8.00% senior secured notes due 2028, upsized from $500M, to redeem 2025 notes
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- $550M aggregate principal, 8.00% senior secured notes due 2028, priced at 99.502% of par.
- Offering upsized from previously announced $500M; expected closing date September 26, 2023.
- Net proceeds ~$538.6M, used with cash on hand to redeem $555.4M of 5.25% senior notes due 2025.
- Notes guaranteed by certain domestic subsidiaries and secured on a pari passu basis with existing credit agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1278027/000110465923100831/0001104659-23-100831-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1278027/000110465923100831/tm2325785d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-100831

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer