B&G Foods Announces Public Offering of Common Stock
April 28 2015 - 04:10PM
Business Wire
B&G Foods, Inc. (NYSE:BGS) announced today its intention to
offer 4,200,000 shares of its common stock, pursuant to an
effective shelf registration statement previously filed with the
Securities and Exchange Commission.
B&G Foods expects to use the net proceeds of the offering
for general corporate purposes, which may include, among other
things, the repayment or retirement of a portion of B&G Foods’
long-term debt or future acquisitions, if any.
Barclays Capital Inc. is acting as the underwriter for this
offering.
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 preliminary prospectus supplement from the Securities and
Exchange Commission’s website at www.sec.gov or by contacting the
underwriter: 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.
About B&G Foods, Inc.
B&G Foods and its subsidiaries manufacture, sell and
distribute a diversified portfolio of high-quality, branded
shelf-stable foods across the United States, Canada and Puerto
Rico. Based in Parsippany, New Jersey, B&G Foods’ products are
marketed under many recognized brands, including Ac’cent, B&G,
B&M, Baker’s Joy, Bear Creek Country Kitchens, Brer Rabbit,
Canoleo, Cary’s, Cream of Rice, Cream of Wheat,
Devonsheer, Don Pepino, Emeril’s, Grandma’s Molasses, JJ Flats,
Joan of Arc, Las Palmas, MacDonald’s, Maple Grove
Farms, Molly McButter, Mrs. Dash, New York Flatbreads, New
York Style, Old London, Original Tings, Ortega, Pirate’s Booty,
Polaner, Red Devil, Regina, Rickland Orchards, Sa-són, Sclafani,
Smart Puffs, Spring Tree, Sugar Twin, Trappey’s, TrueNorth,
Underwood, Vermont Maid and Wright’s. B&G Foods also sells and
distributes Static Guard, a household product brand.
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 its intention to
offer common stock 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, if any, 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.
ICR, Inc.Investor Relations:Don Duffy, 866-211-8151orMedia
Relations:Matt Lindberg, 203-682-8214
B and G Foods (NYSE:BGS)
Historical Stock Chart
From Feb 2024 to Mar 2024
B and G Foods (NYSE:BGS)
Historical Stock Chart
From Mar 2023 to Mar 2024