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Performance Food Group Co.
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Performance Food Group Co.

Performance Food Group Co. Issues $1.0 Billion Senior Notes Due 2032

| 8-K |Consumer Defensive

Summary

On September 12, 2024, Performance Food Group, Inc., a subsidiary of Performance Food Group Co., issued $1.0 billion aggregate principal amount of its 6.125% Senior Notes due 2032. The net proceeds from the offering, together with borrowings under an amended credit agreement, will be used to finance the acquisition of Cheney Bros, Inc. and to pay related fees and expenses.

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Filing Categories

Financial Instrument Agreement New Debt Issued No viable tag

Exhibits (2)

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About Performance Food Group Co.

Performance Food Group Co. is a leading foodservice distribution company that supplies a vast array of food products, beverages, and related goods to a diverse array of customers across the United States. Its primary function is to deliver high-quality food supplies and logistics solutions to restaurants, healthcare facilities, cafeterias, and hospitality venues. With an extensive portfolio of top-tier brands and private label offerings, Performance Food Group Co. plays a crucial role in the supply chain of the foodservice industry. Key features of the company include its expansive distribution network, innovative technology to enhance supply chain efficiencies, and a strong focus on customer service. The company impacts sectors such as dining, catering, and institutional meal services, ensuring that clients receive timely and reliable product deliveries. Performance Food Group Co.'s market significance is underscored by its ability to adapt to consumer preferences and industry demands, making it a vital component of the food distribution landscape. The company's operations promote seamless transitions of food products from manufacturers to end-users, thus supporting the sustainability and growth of the foodservice market.

Exchange: NYSE Industry: Food Distribution Company Website →

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