A report from Bloomberg says that Beyond Meat is in talks with private investors to borrow as much as $250 million.
It is assumed that the money will go towards paying down the company’s billion-dollar debt.
Beyond Meat made similar pleas back in 2024 with Goldman Sachs, but a deal was never finalized.
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Following an on-target CPI, the combination could suggest that inflation is cooling.
“Just a great, great day and I’m thrilled and honored to be a part of it.”