Beyond Meat® Announces New Revolving Credit Facility
Beyond Meat, Inc. - Common stock (BYND)
Last beyond meat, inc. - common stock earnings: 2/27 04:05 pm
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Source: GlobeNewswire
EL SEGUNDO, Calif., April 22, 2020 (GLOBE NEWSWIRE) -- Beyond Meat, Inc. (NASDAQ:BYND) (“Beyond Meat” or “the Company”), a leader in plant-based meat, announced today that it has entered into a new $150 million five-year secured revolving credit facility (the “New Credit Facility”) to support its future growth initiatives. The New Credit Facility also includes an accordion feature for up to an additional $200 million. “Our current cash and liquidity position is strong, and we are pleased to complete this New Credit Facility on terms that will provide Beyond Meat with a greater amount of financial flexibility and better position the Company for long-term success,” said Mark Nelson, Beyond Meat’s Chief Financial Officer and Treasurer. “We appreciate the support of our lenders as this transaction lowers our cost of capital, is expected to support our future global growth initiatives and enables greater strategic flexibility. We remain committed to providing consumers around the worl
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BYND
Earnings
- 2/27/24 - Miss
BYND
Sec Filings
- 4/17/24 - Form 4
- 4/17/24 - Form 4
- 4/15/24 - Form 3
- BYND's page on the SEC website