Latham & Watkins Advises on Flowers Foods, Inc.’s Senior Notes Offerings Totaling US$800 Million and US$500 Million Revolving Credit Facility

On February 14, 2025, Flowers Foods, Inc. (NYSE: FLO), one of the largest producers of packaged bakery foods in the United States, closed the public offering of (i) US$500 million aggregate principal amount of 5.750% senior notes due 2035 and (ii) US$300 million aggregate principal amount of 6.200% senior notes due 2055. On February 5, 2025, Flowers Foods, Inc. closed its new US$500 million revolving credit facility.

Latham & Watkins LLP represented the underwriters in the offering with a capital markets team led by partner Erika Weinberg, with associates Sofia Sitterson and Gabriella Tang. Advice was provided on tax matters by partner Bora Bozkurt, with associate Shiyi Parsons. Latham also represented the arrangers in the revolving credit facility with a banking team led by partners Alfred Xue and Abhay Lele, with associate Jun Lei Lee.