Tyson Foods, Inc. (NYSE: TSN) yesterday announced that it intends to offer in a private placement $2.0 to $2.5 billion of its Senior Notes under Tyson's existing indenture. The net proceeds of the offering will be used to repay in part borrowings outstanding under Tyson's senior unsecured bridge credit agreements providing for aggregate borrowings of up to $2.85 billion and for working capital purposes. The Notes will be offered only to qualified institutional buyers under Rule 144A and to persons outside the United States under Regulation S.