Performance Food to repay term loan in full with notes proceeds

By Sara Rosenberg

New York, May 9 – Performance Food Group Co. plans to repay all outstanding borrowings under its existing term loan and may also repay a portion of the borrowings under its existing asset-based revolving credit facility using proceeds from a $350 million senior notes offering, according to a news release.

Performance Food is a Richmond, Va.-based marketer and distributor of food and food-related products.

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