---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-006204"
form_type: "8-K"
ticker: "CAG"
cik: "0000023217"
company_name: "CONAGRA BRANDS INC."
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T04:52:52.770219+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Conagra enters $300M 1-year unsecured term loan with Bank of America

## Summary
- $300M unsecured term loan; matures April 29, 2025; prepayable without premium or penalty.
- Interest at Term SOFR + 1.15% or base rate + 0.15%, at Company's election.
- Customary covenants for investment grade (max net leverage, min interest coverage); proceeds for general corporate purposes.

## SEC filing metadata
- accession: 0001558370-24-006204
- form_type: 8-K
- ticker: CAG
- cik: 0000023217
- company_name: CONAGRA BRANDS INC.
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/23217/000155837024006204/0001558370-24-006204-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/23217/000155837024006204/tmb-20240429x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-006204
- JSON: https://secwatch.observer/filing/0001558370-24-006204.json
- Plain text: https://secwatch.observer/filing/0001558370-24-006204.txt

## Key facts
- Debt Financings
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/23217/000155837024006204/0001558370-24-006204-index.htm
- Material Agreements
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/23217/000155837024006204/0001558370-24-006204-index.htm

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