date:Jun 09, 2014
BG Foods (BGS) announced today that it has completed a refinancing of its senior secured credit facility by terminating the facility and replacing it with a new senior secured credit facility, consisting of $300 million of tranche A term loans and a $500 million revolving credit facility.
The proceeds of the new tranche A term loans and $46 million of initial borrowings under the new revolving credit facility were used by BG Foods to repay $122 million of tranche A term loans and $215 million o