PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE:BGS) announced today that it intends to refinance its senior secured credit facility by reducing the interest rate applicable to $640 million of tranche B term loans, increasing the aggregate commitments under its revolving credit facility from $500 million to $700 million, and extending the maturity date applicable to its revolving credit facility. The consummation of the refinancing is subject to market and other conditions, including the completion of definitive agreements and customary closing conditions. There can be no assurance that the refinancing will occur, or, if it does, as to the terms of the refinancing.

About B&G Foods, Inc.

Based in Parsippany, New Jersey, B&G Foods and its subsidiaries manufacture, sell and distribute high-quality, branded shelf-stable and frozen foods across the United States, Canada and Puerto Rico. With B&G Foods’ diverse portfolio of more than 50 brands you know and love, including Back to Nature, B&G, B&M, Cream of Wheat, Green Giant, Las Palmas, Le Sueur, Mama Mary’s, Maple Grove Farms, Mrs. Dash, New York Style, Ortega, Pirate’s Booty, Polaner, SnackWell’s, Spice Islands and Victoria, there’s a little something for everyone. For more information about B&G Foods and its brands, please visit www.bgfoods.com.