Campbell's Co: prices $300,000,000 8.500% junior subordinated notes due Apr 5, 2057

What happened Campbell's Co announced that on Oct 1, 2026 it priced an offering of $300,000,000 aggregate principal amount of 8.500% Fixed-to-Fixed Reset Rate Junior Subordinated Notes due Apr 5, 2057. The Notes were issued on Oct 5, 2026 pursuant to an indenture dated Oct 5, 2026 between Campbell's and U.S. Bank Trust Company, National Association, as trustee.

Key details

• Underwriting Agreement dated Oct 1, 2026 with Barclays Capital Inc., BNP Paribas Securities Corp., BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and UBS Securities LLC as representatives.
• Offering was made under Campbell's automatic shelf registration statement on Form S-3 (Registration No. 333-298306) filed with the SEC on Aug 13, 2026; prospectus supplement dated Oct 1, 2026 and prospectus dated Aug 13, 2026 were filed.
• Indenture and First Supplemental Indenture dated Oct 5, 2026 govern the Notes; form of the Notes and related agreements are filed as exhibits to the 8-K.

Why it may matter This item is reported under Item 8.01 (Other events) and describes the company’s offering and issuance of the Notes, the underwriting agreement and the indenture arrangements. A filing does not show why the insider traded or why the company acted.