Beyond Meat Adds EU Subsidiary as Guarantor on Secured Notes Due 2030

Reuters01-13
<a href="https://laohu8.com/S/BYND">Beyond Meat</a> Adds EU Subsidiary as Guarantor on Secured Notes Due 2030

Beyond Meat Inc. and its wholly-owned subsidiary, Beyond Meat EU B.V., have entered into a First Supplemental Indenture with Wilmington Trust, National Association, as trustee and collateral agent. This agreement amends the existing indenture for Beyond Meat's Convertible Senior Secured Second Lien PIK Toggle Notes due 2030 to add Beyond Meat EU B.V. as a guarantor of the notes. The notes are now secured on a second-priority basis by the assets of both Beyond Meat Inc. and its subsidiary, subject to certain exceptions.

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