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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“Now, we don’t know if income is dependent on a trade issue, and extra payment or disaster... or any number of things that we used to not have as high on the list of potential problems.”
“We raise one-third of the total U.S. pigs raised here come from Iowa. So, one out of every three pigs is raised right here in Iowa.”
