Flowers prices $400 million of senior notes
March 30, 2012
by Eric Schroeder
THOMASVILLE, GA. — Flowers Foods Inc. has priced $400 million of 4.375% senior notes due 2022. The company said it will use a portion of the net proceeds of the offering to repay long-term debt currently outstanding under its revolving credit facility. The balance of the proceeds will be used “for future acquisitions, general corporate purposes and working capital,” Flowers said.