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%
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Amazon-backed (AMZN) Anthropic has confidentially submitted a draft registration statement for a proposed initial public offering to the US Securities and Exchange Commission, the company said Monday.The number of shares to be offered and the price have not yet been set, Anthropic said.Price: $262.77, Change: $-7.87, Percent Change: -2.91%
Anthropic Submits Draft Registration for Proposed IPO to SEC