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Smithfield Foods Secures $600 Million Term Loan Facility

PUBLIC · SFDOct 14, 2026

Amount Raised

$600 Million

Round Type

Debt Financing

SmithfieldFood and BeverageAgriculture and FarmingFood Processing

Investors

Bank Of America, N.A.

Description

On October 14, 2026, Smithfield Foods, Inc. entered into a Senior Unsecured Delayed Draw Term Loan Credit Agreement providing $600 million in delayed draw term loan commitments. The company plans to use the proceeds for working capital and general corporate purposes, including the redemption of existing senior notes. The loan is available until December 23, 2026 and will mature three years after funding.

Company Information

Company

Smithfield Foods

Location

Smithfield, North Carolina, United States

About

Smithfield Foods is a global food company with a strong culture of compliance, producing good food the right way. The company operates in the agricultural, consumer products, food manufacturing, packaging, and retail sectors.

Fundz sees it the moment Smithfield Foods raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Strategic

ML-powered predictions for Smithfield Foods's next move

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Smithfield Foods raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.