secwatch / observer
8-K filed April 30, 2024, 7:59 PM ET ticker CAG CIK 0000023217
debt confidence high sentiment neutral materiality 0.50

CONAGRA BRANDS INC. (CAG): debt financing — Conagra enters $300M 1-year unsecured term loan with Bank of America

CONAGRA BRANDS INC.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

CONAGRA BRANDS INC. incurred term loan of $300.0 million with Bank of America, N.A. at Term SOFR, plus 1.15% per annum, plus a 0.10% per annum rate spread adjustment maturing April 29, 2025.

Instrument
term loan
Principal
$300.0 million
Counterparty
Bank of America, N.A.
Rate
Term SOFR, plus 1.15% per annum, plus a 0.10% per annum rate spread adjustment
Maturity
April 29, 2025
Event
incurrence
Exact text from the filing
On April 29, 2024, Conagra Brands, Inc. (the “Company”) entered into a Term Loan Agreement (the “Term Loan Agreement”) with Bank of America, N.A. (“Bank of America”), as administrative agent and a lender, and the other lenders (if any) party thereto, providing for term loans to the Company in an aggregate principal amount of $300.0 million.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CONAGRA BRANDS INC. entered into Term Loan Agreement with Bank of America, N.A., as administrative agent and a lender, and the other lenders party thereto valued at $300.0 million (effective 2024-04-29).

Action
entry
Agreement
credit facility
Counterparty
Bank of America, N.A., as administrative agent and a lender, and the other lenders party thereto
Value
$300.0 million
Effective
2024-04-29
Exact text from the filing
On April 29, 2024, Conagra Brands, Inc. (the “Company”) entered into a Term Loan Agreement (the “Term Loan Agreement”) with Bank of America, N.A. (“Bank of America”), as administrative agent and a lender, and the other lenders (if any) party thereto, providing for term loans to the Company in an aggregate principal amount of $300.0 million.
View on SEC.gov

312 debt financings filed in the last 30 days. Browse all debt financings →

CONAGRA BRANDS INC. filing history →

Source: SEC EDGAR
accession 0001558370-24-006204
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