---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-103865"
form_type: "8-K"
ticker: "BGS"
cik: "0001278027"
company_name: "B&G Foods, Inc."
filed_at: "2023-09-26T23:59:59+00:00"
generated_at: "2026-06-10T08:33:12.037532+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# B&G Foods closes $550M 8% senior secured notes offering to redeem 5.25% notes due 2025

## Summary
- Closed $550M offering of 8.000% senior secured notes due Sept 15, 2028; issued at 99.502% of par.
- Net proceeds, with cash on hand, will redeem $555.4M of 5.25% senior notes due 2025.
- Notes are senior secured, pari passu with existing credit agreement, and guaranteed by certain domestic subsidiaries.
- Credit agreement amended to permit pari passu first lien debt and set available amount for restricted payments at $600M as of Q2 2023.
- Interest payable March 15 and Sept 15, starting March 15, 2024.

## SEC filing metadata
- accession: 0001104659-23-103865
- form_type: 8-K
- ticker: BGS
- cik: 0001278027
- company_name: B&G Foods, Inc.
- filed_at: 2023-09-26T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1278027/000110465923103865/0001104659-23-103865-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1278027/000110465923103865/tm2326807d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-103865
- JSON: https://secwatch.observer/filing/0001104659-23-103865.json
- Plain text: https://secwatch.observer/filing/0001104659-23-103865.txt

## Key facts
- Debt Financings
  B&G Foods, Inc. incurred senior notes of $550.0 million aggregate principal amount with The Bank of New York Mellon Trust Company, N.A., as trustee and notes collateral agent at 8.000% maturing September 15, 2028.
  - Instrument: senior notes
  - Principal: $550.0 million aggregate principal amount
  - Counterparty: The Bank of New York Mellon Trust Company, N.A., as trustee and notes collateral agent
  - Rate: 8.000%
  - Maturity: September 15, 2028
  - Event: incurrence
  source text: On September 26, 2023, B&G Foods issued a press release announcing the closing of our private offering of $550.0 million aggregate principal amount of 8.000% senior secured notes due 2028
  evidence_url: https://www.sec.gov/Archives/edgar/data/1278027/000110465923103865/0001104659-23-103865-index.htm

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