ADVANCEPIERRE FOODS HOLDINGS,INC. (NYSE:APFH) Files An 8-K Other Events
Item 8.01 Other Events.
Launch of Notes Offering
On November28, 2016, AdvancePierre Foods Holdings,Inc. (the
Company) issued a press release announcing that it plans to
offer, subject to market and other conditions, $350 million
aggregate principal amount of senior unsecured notes in a private
offering that is exempt from registration under the Securities
Act of 1933, as amended. A copy of the press release announcing
the launch of the notes offering is attached hereto as
Exhibit99.1 and is incorporated by reference herein.
Launch of Repricing of First Lien Term
Loan
On November28, 2016, the Company also issued a press release
announcing that it is seeking to reduce the applicable margin and
the overall price under its existing first lien term loan (the
Repricing Transaction). A copy of the press release announcing
the launch of the Repricing Transaction is attached hereto as
Exhibit99.2 and is incorporated by reference herein.
Item 9.01 Financial Statements and
Exhibits.
|
(d) |
Exhibits. |
|
99.1 |
Press Release announcing launch of notes offering, dated |
|
99.2 |
Press Release announcing launch of the Repricing |
About ADVANCEPIERRE FOODS HOLDINGS, INC. (NYSE:APFH)
AdvancePierre Foods Holdings, Inc., formerly Pierre Foods Holding Corporation, is a producer and distributor of sandwiches, sandwich components, and other entrees and snacks. The Company operates through segments, including Foodservice, which sells its products to national and regional distributors; Retail, which supplies its products to national and regional grocery chains, major warehouse club stores, mass retailers and dollar stores; Convenience, which sells its products to national and regional convenience chains and vending providers, and Industrial, which includes sales to other food producers under short-term co-manufacturing agreements. Its product categories include ready-to-eat sandwiches, such as breakfast sandwiches, peanut butter and jelly sandwiches and hamburgers; sandwich components, such as fully-cooked hamburger and chicken patties and Philly steaks, and other entrees and snacks, such as country fried steak, stuffed entrees, chicken tenders and cinnamon dough bites. ADVANCEPIERRE FOODS HOLDINGS, INC. (NYSE:APFH) Recent Trading Information
ADVANCEPIERRE FOODS HOLDINGS, INC. (NYSE:APFH) closed its last trading session down -0.21 at 26.19 with 114,358 shares trading hands.