B&G Foods ( (BGS) ) has provided an announcement.
B&G Foods, Inc. has announced a full redemption of all its remaining 5.25% Senior Notes due in 2025, amounting to $265,392,000. The redemption, scheduled for October 9, 2024, will be at the cash price of 100% of the principal plus accrued interest. The redemption will be funded by revolving loans and cash on hand. Interest on the notes will stop accruing from the redemption date, with holders entitled only to the redemption payment.
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