PARSIPPANY, N.J.--(BUSINESS WIRE)--Nov. 8, 2017--
B&G Foods, Inc. (NYSE:BGS) announced today its intention to offer,
subject to market and other conditions, $350.0 million aggregate
principal amount of 5.25% senior notes due 2025 (the “Notes”), pursuant
to an effective shelf registration statement previously filed with the
Securities and Exchange Commission. The Notes will be issued as
additional notes under the same indenture as B&G Foods’ 5.25% senior
notes due 2025 that were originally issued on April 3, 2017 and, as
such, will form a single series and trade interchangeably with such
previously issued notes. The Notes will be guaranteed on a senior
unsecured basis by certain subsidiaries of B&G Foods.
B&G Foods intends to use the proceeds of the offering to repay all of
the outstanding borrowings under B&G Foods’ revolving credit facility
and to pay related fees and expenses. B&G Foods intends to use the
remaining net proceeds for general corporate purposes, which could
include, among other things, repayment of other long term debt or
possible acquisitions. However, there can be no assurances that the
offering of the Notes will be completed as described herein or at all.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction. The offering is being made only by means of a prospectus
and the related prospectus supplement.
Interested persons may obtain copies of the prospectus and the related
prospectus supplement from the Securities and Exchange Commission’s
website at www.sec.gov
or by contacting any of the joint bookrunning managers, including:
Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155 Long
Island Avenue, Edgewood, NY 11717, by emailing Barclaysprospectus@broadridge.com
or calling 888-603-5847; BofA Merrill Lynch, NC1-004-03-43, 200 North
College Street, 3rd floor, Charlotte NC 28255-0001, Attn: Prospectus
Department, by emailing dg.prospectus_requests@baml.com;
RBC Capital Markets, LLC, RBC Capital Markets, LLC, 200 Vesey Street,
8th Floor, New York, NY 10281-8098, Attn: Attn: DCM Transaction
Management, by calling (866) 375-6829; BMO Capital Markets Corp., 3
Times Square, New York, NY 10036, Attn: High Yield Syndicate, by calling
(212) 702-1882; Credit Suisse Securities (USA) LLC, One Madison Avenue,
New York, NY 10010, Attn: Prospectus Department, by emailing newyork.prospectus@credit-suisse.com
or calling 1-800-221-1037; Deutsche Bank Securities Inc., 60 Wall
Street, New York, New York 10005-2836, Attention: Prospectus Group, by
emailing prospectus.cpdg@db.com
or calling telephone (800) 503-4611; Goldman Sachs & Co. LLC, Attn:
Prospectus Department, 200 West Street, New York, NY 10282,
telephone:(866) 471-2526, facsimile: 212-902-9316, e-mail: prospectusgroup-ny@ny.email.gs.com;
and J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155
Long Island Avenue, Edgewood, NY 11717, toll-free: (866) 803-9204.
About B&G Foods, Inc.
Based in Parsippany, New Jersey, B&G Foods and its subsidiaries
manufacture, sell and distribute high-quality, branded shelf-stable and
frozen foods across the United States, Canada and Puerto Rico. With
B&G Foods’ diverse portfolio of more than 50 brands you know and love,
including Back to Nature, B&G, B&M, Cream
of Wheat, Green Giant, Las Palmas, Le Sueur,
Mama Mary’s, Maple Grove Farms, Mrs. Dash,
New York Style, Ortega, Pirate’s Booty,
Polaner, SnackWell’s, Spice Islands and Victoria,
there’s a little something for everyone.
Forward-Looking Statements
Statements in this press release that are not statements of
historical or current fact constitute “forward-looking statements.” The
forward-looking statements contained in this press release include
without limitation statements related to B&G Foods’ intention to offer
senior notes and the use of proceeds of such offering. Such
forward-looking statements involve known and unknown risks,
uncertainties and other unknown factors that could cause the actual
results of B&G Foods to be materially different from the historical
results or from any future results expressed or implied by such
forward-looking statements. In addition to statements that
explicitly describe such risks and uncertainties readers are urged to
consider statements labeled with the terms “believes,” “belief,”
“expects,” “projects,” “intends,” “anticipates” or “plans” to be
uncertain and forward-looking. The forward-looking statements
contained herein are also subject generally to other risks and
uncertainties that are described from time to time in B&G Foods’ filings
with the Securities and Exchange Commission, including under Item 1A,
“Risk Factors” in the Company’s most recent Annual Report on Form 10-K
and in its subsequent reports on Forms 10-Q and 8-K. Investors
are cautioned not to place undue reliance on any such forward-looking
statements, which speak only as of the date they are made. B&G Foods
undertakes no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future events or otherwise.

View source version on businesswire.com: http://www.businesswire.com/news/home/20171108005871/en/
Source: B&G Foods, Inc.
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ICR, Inc.
Dara Dierks, 866-211-8151
or
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