UNFI Announces Intention to Offer Senior Notes
October 14 2020 - 7:39AM
Business Wire
United Natural Foods, Inc. (NYSE: UNFI) (“UNFI”) today announced
that it intends, subject to market and other customary conditions,
to offer (the “Offering”) $400 million in aggregate principal
amount of Senior Notes due 2028 (the “Notes”).
UNFI intends to use the net proceeds of the Offering to repay a
portion of the amounts outstanding under its term loan facility
(including accrued and unpaid interest with respect to such
amounts).
The Notes will be offered in the United States to persons
reasonably believed to be qualified institutional buyers pursuant
to Rule 144A under the Securities Act of 1933, as amended (the
“Securities Act”), and outside the United States pursuant to
Regulation S under the Securities Act. The Notes and the related
guarantees have not been registered under the Securities Act or any
state securities laws and, unless so registered, may not be offered
or sold in the United States absent registration or an applicable
exemption from the registration requirements of the Securities Act
and applicable state securities laws.
This press release is for informational purposes only and does
not constitute an offer to sell the Notes, nor a solicitation for
an offer to purchase the Notes or any other securities, nor shall
there be any sales of Notes or other securities, in any
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such jurisdiction.
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version on businesswire.com: https://www.businesswire.com/news/home/20201014005508/en/
Investor Contact: Steve Bloomquist, 952-828-4144
Steve.j.bloomquist@unfi.com
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