Tyson Foods Announces Pricing of $500M Senior Notes

By Chris Stiles • Wednesday, February 11 16:33 • Permanent Link

Tyson Foods, Inc. has just announced the pricing of $500 million aggregate principal amount of its 4.950% senior notes due 2036 in an underwritten public offering. The offering is expected to close on February 20, 2026, subject to customary closing conditions.

The company plans to utilize the net proceeds from the offering for general corporate purposes, including the paydown of outstanding debt. This is expected to include the retirement of the outstanding 4.00% notes due in March 2026. Until the proceeds are applied, the company may opt to invest the funds in bank deposit accounts, certificates of deposit, U.S. government securities, or other interest-bearing securities.

The joint book-running managers for the offering include BofA Securities, Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Rabo Securities USA, Inc., RBC Capital Markets, LLC, Goldman Sachs & Co. LLC, and Scotia Capital (USA) Inc. Additionally, SMBC Nikko Securities America, Inc., and U.S. Bancorp Investments, Inc. are serving as senior co-managers for the offerings, while Academy Securities, Inc., Loop Capital Markets LLC, BMO Capital Markets Corp., Regions Securities LLC, and Siebert Williams Shank & Co., LLC are acting as co-managers.

The offering is being made under a prospectus supplement and accompanying prospectus, and interested parties can obtain copies from the respective securities firms or the Securities and Exchange Commission's website.

As of September 27, 2025, Tyson Foods, Inc. had approximately 133,000 team members.

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor does it imply any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The market has reacted to these announcements by moving the company's shares -0.6% to a price of $60.07. For more information, read the company's full 8-K submission here.

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