BInc. (NYSE:B) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement.
The disclosure under Item 2.03 of this report relating to the
amendment of the credit agreement of BG Foods,Inc. is
incorporated in this Item 1.01 by reference.
Item 2.03. Creation of a Direct Financial Obligation or
an Obligation under an Off-Balance Sheet Arrangement of
Registrant.
On March30, 2017, we amended our credit agreement, dated as of
October2, 2015, among BG Foods, as borrower, the several banks
and other financial institutions or entities from time to time
party thereto as lenders and Barclays Bank PLC, as administrative
agent and collateral agent.
The amendment, among other things, reduces by 75 basis points the
spread over LIBOR or the applicable base rate on approximately
$640 million of tranche B term loans.
A copy of the amendment is filed as Exhibit10.1 to this report. A
copy of the press release issued by BG Foods to announce our
entry into the amendment is filed as Exhibit99.1 to this report.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
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10.1 |
First Amendment to Credit Agreement, dated as of March30, |
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99.1 |
Press Release dated March30, 2017 |
About B&G Foods, Inc. (NYSE:B)
Barnes Group Inc. is an industrial and aerospace manufacturer and service provider, serving a range of end markets and customers. The Company’s engineered products, industrial technologies, and solutions are used in applications that provide transportation, manufacturing, healthcare products and technology to the world. Its segments include Industrial and Aerospace. The Industrial segment is engaged in the manufacturing of precision parts, products and systems for applications serving a customer base in end-markets, such as transportation, industrial equipment, consumer products, packaging, electronics, medical devices and energy. The Industrial segment includes the Molding Solutions, Nitrogen Gas Products and Engineered Components business units. The Aerospace segment includes the original equipment manufacturer (OEM) business and the aftermarket business, which includes maintenance repair and overhaul services and the manufacture and delivery of aerospace aftermarket spare parts. B&G Foods, Inc. (NYSE:B) Recent Trading Information
B&G Foods, Inc. (NYSE:B) closed its last trading session up +0.28 at 51.34 with 197,826 shares trading hands.