Tyson Foods, Inc. filed a Form 8-K with the SEC on August 24, 2026, reporting the completion of a public offering of $1,000,000,000 in aggregate principal amount of senior notes in two series.

Key Highlights

  • Two-tranche offering: $500,000,000 of 5.100% Senior Notes due 2031 and $500,000,000 of 5.600% Senior Notes due 2037 were sold on August 24, 2026.
  • 2031 Notes maturity and interest: The 5.100% Senior Notes mature on August 24, 2031, with interest payable semiannually on February 24 and August 24, commencing February 24, 2027.
  • 2037 Notes maturity and interest: The 5.600% Senior Notes mature on January 24, 2037, with interest payable semiannually on January 24 and July 24, commencing January 24, 2027.
  • Senior unsecured ranking: According to the filing, both series "are the general senior unsecured obligations of the Company" ranking equally with all other existing and future senior unsecured indebtedness.
  • Trustee: The notes were issued under an indenture with The Bank of New York Mellon Trust Company, N.A. as trustee, under a Base Indenture originally dated June 1, 1995.
  • Redemption option: The company disclosed it may redeem the notes of each series, in whole or in part, under the terms provided in the Supplemental Indentures.
  • Signed by CFO: The report was signed by Curt Calaway, Chief Financial Officer, on August 24, 2026.

Tyson Foods Issues $1 Billion in Two Series of Fixed-Rate Senior Notes

Tyson Foods, Inc. (NYSE:TSN) completed a public debt offering on August 24, 2026, issuing two series of senior notes totaling $1,000,000,000 in aggregate principal amount. The offering was made pursuant to the company's Registration Statement on Form S-3 (Registration No. 333-296632) and a prospectus supplement dated August 10, 2026, filed under Rule 424(b)(5) of the Securities Act of 1933, as amended, according to the filing.

The first series, the 5.100% Senior Notes due 2031, carries a fixed annual interest rate of 5.100%, with interest computed on the basis of a 360-day year of twelve 30-day months. Interest is payable to holders registered at the close of business on the 14th calendar day immediately preceding each applicable interest payment date. The second series, the 5.600% Senior Notes due 2037, follows the same calculation methodology and record-date structure, with a maturity of January 24, 2037.

The filing disclosed that the Indenture includes restrictive covenants limiting the ability of the company and certain subsidiaries to, among other things, "incur secured debt, enter into sale and lease-back transactions and consolidate, merge or transfer substantially all of the Company's assets to another entity," with those covenants subject to exceptions and qualifications set forth in the Indenture. The Indenture also contains customary default provisions: upon certain events of default, either the trustee or holders of not less than 25% in aggregate principal amount of the notes of any series may declare the unpaid principal and accrued interest immediately due and payable. In cases of certain bankruptcy, insolvency, or reorganization events, that acceleration becomes automatic.

What Was Disclosed

Tyson Foods reported the completion of a $1,000,000,000 two-series senior notes offering on August 24, 2026, detailing interest rates, maturity dates, trustee arrangements, restrictive covenants, and default provisions applicable to both series.