PARSIPPANY, N.J.--(BUSINESS WIRE)--B&G Foods, Inc. (NYSE:BGS) announced today that it has completed its previously announced refinancing of the Company’s senior secured credit facility. The refinancing increases the principal amount of the tranche B term loans by $10 million to approximately $650 million, reduces by 25 basis points the spread over LIBOR or the applicable base rate on the tranche B term loans and any revolving loans, increases the aggregate commitments under the Company’s revolving credit facility from $500 million to $700 million, and extends the maturity date applicable to the Company’s revolving credit facility from June 2019 to November 2022.

About B&G Foods, Inc.

Based in Parsippany, New Jersey, B&G Foods and its subsidiaries manufacture, sell and distribute high-quality, branded shelf-stable and frozen foods across the United States, Canada and Puerto Rico. With B&G Foods’ diverse portfolio of more than 50 brands you know and love, including Back to Nature, B&G, B&M, Cream of Wheat, Green Giant, Las Palmas, Le Sueur, Mama Mary’s, Maple Grove Farms, Mrs. Dash, New York Style, Ortega, Pirate’s Booty, Polaner, SnackWell’s, Spice Islands and Victoria, there’s a little something for everyone. For more information about B&G Foods and its brands, please visit www.bgfoods.com.