Flowers Foods Prices $400 Million Notes

9/25/16

Flowers Foods, Inc. (NYSE: FLO), producer of Nature's Own, Wonder, Tastykake, and other bakery foods, today announced the pricing of the public offering of $400 million aggregate principal amount of 3.500% senior notes due 2026 (the "Notes"). The Notes will bear interest at a rate of 3.500% per annum and will mature on October 1, 2026. The offering is expected to close on September 28, 2016, subject to customary closing conditions.

The company intends to use the net proceeds from this offering to repay debt outstanding under the company's existing term loan facilities and the balance, if any, of the net proceeds for general corporate purposes.

About Flowers Foods 

Headquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE: FLO) is one of the largest producers of fresh packaged bakery foods in the United States, with 2015 sales of $3.8 billion. Flowers operates bakeries across the country that produce a wide range of bakery products. Among the company's top brands are Nature's Own,Wonder, and Tastykake. Learn more at www.flowersfoods.com.