debt
confidence high
sentiment neutral
materiality 0.40
Conagra borrows full $500M under delayed-draw term loan facility
CONAGRA BRANDS INC.
- Borrowed $500M on Sept 14, 2022 under Term Loan Agreement dated Aug 26, 2022.
- Proceeds to fund repayment/redemption of long-term debt maturing in FY2023 and general corporate purposes.
- Facility is a delayed draw term loan; full $500M aggregate principal drawn.