Performance Food Group Company, founded in 1885 and headquartered in Richmond, Virginia, serves as a leading distributor of food and food-related products to the U.S. foodservice and retail industries. The company focuses on offering a diverse range of services, including supply chain solutions, proprietary brands, and customized distribution services tailored to meet the needs of its customers.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PFGC 5.50% 2027-10-15 USDPerformance Food Group Company | United States | 2027-10-15 | 5.500 | 5.44 |
| PFGC 5.50% 2027-10-15 USDPerformance Food Group Company | United States | 2027-10-15 | 5.500 | 5.35 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, Performance Food Group has made significant strides in the bond market, issuing its first bonds in the early 2000s to support expansion and acquisitions. In 2021, the company raised $1 billion through a bond offering to finance its acquisition of the foodservice distributor Core-Mark, which further solidified its market position. Currently, the company’s bonds offer yields competitive with industry averages, with several bonds featuring unique call options that may provide added flexibility for investors. Recent news includes successful refinancing efforts, aimed at reducing debt costs while enhancing their capital structure.