Company: CAG
Filing Date: 2025-07-15
Form Type: 424B5
Source: 0001104659-25-067959
Chunk: 12

Company: CONAGRA BRANDS INC.
Filing Date: 2025-07-15
Form: 424B5
Chunk 12
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 interest thereon will begin to accrue and the issue price). Such notes will form a single series with the previously issued and outstanding notes having the same terms.

Optional Redemption

Prior to , 20 , in the case of the 20 Notes, or , 20 , in the case of the 20 Notes (each such date, a “Par Call Date” with respect to the applicable series of notes), we may redeem the notes of such series at our option, in whole or in part, at any time and from time to time, at the “make-whole” redemption price described herein under the caption “Description of Notes — Optional Redemption.”

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TABLE OF CONTENTS

On or after the applicable Par Call Date for a series of notes, we may redeem the notes of such series, in whole or in part, at any time and from time to time, at a redemption price equal to 100% of the principal amount of the notes being redeemed plus accrued and unpaid interest thereon to, but excluding, the redemption date.

Change of Control Offer

If we experience a “Change of Control Triggering Event” (as defined in “Description of Notes — Change of Control Offer”), we will be required, unless we have exercised our option to redeem the relevant series of notes, to offer to repurchase each series of notes at a purchase price equal to 101% of their principal amount, plus accrued and unpaid interest to, but not including, the date of repurchase. See “Description of Notes — Change of Control Offer.”

Certain Covenants

The indenture governing the notes will contain certain restrictions, including a limitation that restricts our ability and the ability of certain of our subsidiaries to create or incur secured debt. Certain sale and leaseback transactions will be similarly limited. See “Description of Notes — Certain Covenants.”

DTC Eligibility

The notes will be represented by global certificates deposited with, or on behalf of, DTC or its nominee. See “Description of Notes — Book-Entry; Delivery and Form.”

Same Day Settlement

Beneficial interests in the notes will trade in DTC’s same-day funds settlement system until maturity. Therefore, secondary market trading activity in such interests will be settled in immediately available funds.

Use of Proceeds

We expect to receive net proceeds of approximately $ from this offering, after deducting the underwriting discount and estimated offering expenses payable by us. We intend to use the net proceeds from this offering for general corporate purposes,