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B&G Foods (NYSE:BGS) said it intends to amend, extend the maturity date and upsize its existing tranche B term facility under its senior secured credit facility. The company plans to use the proceeds of the tranche B term loans to refinance the existing tranche B term loans and repay a portion of its existing revolving loans. B&G (BGS) also plans to decrease the size of the revolver capacity and extend the maturity date of its existing revolving credit facility. There can be no assurance of the terms of the refinancing, or if the refinancing will occur.