Tyson Foods, Inc. announced it has entered into an underwriting agreement on August 10, 2026, for the public offering of $1 billion in aggregate principal amount of senior notes. The offering is divided into two tranches and is expected to close on August 24, 2026.

Key Details

  • Offering Size: A total of $1 billion, split into two series of senior unsecured notes.
  • Note Tranches:
    • $500 million of 5.100% Senior Notes due 2031.
    • $500 million of 5.600% Senior Notes due 2037.
  • Timeline: The agreement was signed on August 10, 2026, with the sale expected to close on August 24, 2026.
  • Use of Proceeds: The company intends to use the net proceeds to purchase notes tendered in a contemplated tender offer, with the remainder allocated for general corporate purposes.