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Hormel Foods files automatic shelf registration for debt securities
By Devika Patel
Knoxville, Tenn., April 4 - Hormel Foods Corp. filed a debt securities automatic shelf registration in an S-3 ASR filing with the Securities and Exchange Commission.
Proceeds from the securities, which may be structured as convertibles, will be used for working capital requirements, possible acquisitions or investments, capital expenditures and debt repayment.
Hormel is an Austin, Minn., producer of meat and food products.
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