Fair Value Measurements (Tables)

12 Months Ended

Jan. 03, 2026

Summary of carrying values and fair values of our revolving credit loans, term loans and senior notes

The carrying values and fair values of our revolving credit loans, term loans, senior notes and senior secured notes as of January 3, 2026 and December 28, 2024 were as follows (in thousands):


			January 3, 2026						December 28, 2024
		Carrying Value			Fair Value			Carrying Value			Fair Value
Revolving credit loans		$	215,000		$	215,000	⁽¹⁾	$	245,000		$	245,000	⁽¹⁾
Tranche B term loans due 2029			440,726	⁽²⁾		424,199	⁽³⁾		445,568	⁽²⁾		445,568	⁽³⁾
5.25% senior notes due 2027			509,310			495,941	⁽³⁾		550,000			522,500	⁽³⁾
8.00% senior secured notes due 2028		$	798,526	⁽⁴⁾	$	786,548	⁽³⁾	$	798,283		$	818,240	⁽³⁾

(1)	Fair values are estimated based on Level 2 inputs, which were quoted prices for identical or similar instruments in markets that are not active.

(2)	The carrying value of the tranche B term loans includes a discount. At January 3, 2026 and December 28, 2024, the face amount of the tranche B term loans was $444.4 million and $450.0 million, respectively.

(3)	Fair values are estimated based on quoted market prices.

(4)	The carrying value of the 8.00% senior secured notes due 2028 includes a discount. At January 3, 2026, and December 28, 2024, the face amount of the 8.00% senior secured notes due 2028 was $799.3 million.

B&G Foods, Inc. 10-K