Conagra Brands prices $500M of 5.400% senior notes due 2031 to refinance maturing debt

Filed July 22, 2026 · ~2 min read

Key Changes

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  Conagra is issuing $500 million aggregate principal of 5.400% senior notes maturing August 1, 2031, with semi-annual interest payments. Net proceeds to the company are $495.6 million after underwriting discount and expenses.

  The Offering verify on EDGAR →
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  The 5.400% interest rate will adjust up or down if Moody's, S&P, or Fitch changes the credit rating assigned to the notes, creating interest rate variability tied to the company's creditworthiness.

  The Offering verify on EDGAR →
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  Net proceeds of $495.6 million, combined with cash on hand, will repay $762.5 million of maturing 2026 Senior Notes (comprising $500M at 5.300% and $262.5M at 7.125%, both due October 1, 2026) and fund general corporate purposes.

  Use of Proceeds verify on EDGAR →