Edition:
India

Conagra Reports Debt Pre-Payment And Secures Additional Liquidity


Thursday, 21 May 2020 

May 21 (Reuters) - Conagra Brands Inc ::CONAGRA BRANDS INC - ANNOUNCES DEBT PRE-PAYMENT AND SECURES ADDITIONAL LIQUIDITY.CONAGRA BRANDS INC - WILL PRE-PAY, REMAINING $275 MILLION UNDER SENIOR NOTES DUE OCTOBER 22.CONAGRA BRANDS - CONFIDENT IT WILL ACHIEVE ITS FISCAL YEAR 2021 NET DEBT TO TRAILING 12 MONTHS ADJUSTED EBITDA LEVERAGE RATIO TARGET OF 3.6 TO 3.5.CONAGRA BRANDS INC - OBTAINED $600 MILLION SENIOR 3-YEAR UNSECURED TERM LOAN WHICH CAN BE DRAWN THROUGH OCT..CONAGRA BRANDS INC - COMMITTED TO MAINTAINING DIVIDEND.