Financing ·
Beyond Meat, Inc. is engaged in private discussions with holders of its 7.00% Convertible Senior Secured Second Lien…
BYNDBeyond Meat, Inc.
Beyond Meat, Inc. is engaged in private discussions with holders of its 7.00% Convertible Senior Secured Second Lien PIK Toggle Notes due 2030 to amend the indenture to remove restrictions on repurchasing or exchanging its 0% Convertible Senior Notes due 2027 for cash or equity. The proposed amendment also seeks to extend the make-whole period for 2030 Notes conversions from October 15, 2028, to January 15, 2029. Beyond Meat, Inc. operates in the plant-based meat alternative industry.