Beyond Meat Completes Exchange of Convertible Notes for New Debt and Shares

Reuters
Oct 29
<a href="https://laohu8.com/S/BYND">Beyond Meat</a> Completes Exchange of Convertible Notes for New Debt and Shares

Beyond Meat Inc. has announced the final results and settlement of its exchange offer for its 0% Convertible Senior Notes due 2027. The company exchanged these notes for up to $202.5 million in new 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030, as well as up to 326,190,370 shares of its common stock. As of the expiration deadline, an additional $2.74 million in principal amount of existing notes was tendered, with $459,000 in new notes and 776,610 new shares expected to be issued on the final settlement date. This transaction also included amendments that eliminated most restrictive covenants and certain default provisions on the existing notes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beyond Meat Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9564164-en) on October 29, 2025, and is solely responsible for the information contained therein.

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