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Smithfield Foods entered into a delayed-draw term loan agreement providing $600 million in commitments. The facility is available for a single draw until Dec. 23, 2026, and will mature three years from funding.
Smithfield Foods signed a $600 million senior unsecured delayed draw term loan agreement on October 14, 2026. Bank of America is administrative agent; one drawing is available through December 23, 2026, with maturity three years from funding. Proceeds are expected to redeem all outstanding 4.25% Senior Notes due 2027 o