FLOWERS FOODS, INC. PRICES $500 MILLION OF 5.750% SENIOR NOTES DUE 2035 AND $300 MILLION OF 6.200% SENIOR NOTES DUE 2055
1. Flowers Foods priced $500 million in 5.75% notes due 2035. 2. They also priced $300 million in 6.2% notes due 2055.
1. Flowers Foods priced $500 million in 5.75% notes due 2035. 2. They also priced $300 million in 6.2% notes due 2055.
The issuance of these notes can provide liquidity for growth, similar to past successful debt offerings by other food companies that boosted their stock prices.
This capital raising can influence future growth strategies, impacting investor sentiment positively.
The funds from these notes can enhance long-term operational capabilities, reminiscent of previous expansions that benefitted stocks.