B&G Foods has raised US$75.6m through its offering of 10m shares of class A common stock at $8 per share.
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The US company said it would use the proceeds for general corporate purposes, including the repayment of long-term debt.
In connection with the offering, B&G Foods has granted to the underwriters an option for a period of 30 days to purchase up to an additional 1.5m shares.
Credit Suisse Securities, Barclays Capital and BofA Merrill Lynch acted as joint book-running managers, and Goldman Sachs and RBC Capital Markets Corporation acted as co-managers of the offering.
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