UNFI Announces Pricing of Senior Secured Term Loan
The Term Loan was initially launched with an indicated interest rate of SOFR +
The refinancing of the Term Loan is expected to close in early May, subject to the satisfaction of customary conditions.
About UNFI
UNFI is
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding the Company’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties and are based on current expectations and management estimates; actual results may differ materially. Examples of these statements include statements regarding the proposed closing and the proposed terms of the amendment. The risks and uncertainties which could impact these statements include the market for secured debt and those described in the Company’s filings under the Securities Exchange Act of 1934, as amended, including its annual report on Form 10-K for the year ended July 29, 2023 filed with the Securities and Exchange Commission (the “SEC”) on September 26, 2023 and other filings the Company makes with the SEC. Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. Any estimates of future results of operations are based on a number of assumptions, many of which are outside the Company’s control and should not be construed in any manner as a guarantee that such results will in fact occur.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240425229306/en/
For UNFI Investors:
Kristyn Farahmand
401-213-2160
kristyn.farahmand@unfi.com
-or-
Steve Bloomquist
952-828-4144
steve.j.bloomquist@unfi.com
For Media:
UNFI
Charles Davis
215-539-1696
cdavis@unfi.com
Source: United Natural Foods, Inc.