Small font size A Larger text size A Largest text size A

B&G Foods Plans $475 Million Senior Notes Offering

BY MT Newswires | CORPORATE | 12:32 PM EDT

12:32 PM EDT, 06/01/2026 (MT Newswires) -- B&G Foods (BGS) said Monday it plans to issue $475 million of senior notes due 2031.

The company will use the net proceeds, cash, and revolving credit facility borrowings to redeem $509.3 million of outstanding 5.25% senior notes due 2027, it said.

Certain domestic units will guarantee the securities on a senior unsecured basis, the company said.

Shares of the company were down about 2.9% in Monday trading.

Price: 3.97, Change: -0.12, Percent Change: -2.93

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

More Fixed Income News

*--Atlanta Fed US Q2 GDP Nowcast Estimate 3.0% Gain Vs. Previous 3.8% Gain BY MT Newswires |ECONOMIC 01:18 PM EDT
Maryland dumps Moody's BY SourceMedia Bond Buyer |MUNICIPAL 01:17 PM EDT
US manufacturing activity at four-year high, supply constraints growing BY Reuters |ECONOMIC 12:44 PM EDT
Manufacturing Sector Expansion Hits 4-Year High, ISM, S&P Surveys Show BY MT Newswires |ECONOMIC 12:44 PM EDT

All Fixed Income News

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

fir_news_article