Smithfield Foods Secures $600 Million Senior Unsecured Delayed-Draw Term Loan to Refinance 2027 Notes
Smithfield Foods secured a $600 million senior unsecured term loan, maturing in 3 years. The funds will refinance its 4.250% Senior Notes due 2027, redeemable from Nov 1, 2026. The loan is SOFR-based with a ratings-linked spread and includes customary covenants.



