Del Monte expands revolving credit facility
Del Monte has successfully amended its existing senior unsecured revolving credit facility, increasing by $150 million to $900 million.
July 16, 2026 CORAL GABLES, FL–(BUSINESS WIRE)–Del Monte Corporation BB #:111187 today announced that it has successfully amended its existing senior unsecured revolving credit facility, increasing total commitments by $150 million to $900 million.
The amended revolving credit facility retains its existing maturity date of February 21, 2029, along with substantially unchanged terms and conditions, including its $50 million swingline sub facility and accordion feature.
The amended revolving credit facility also retains its accordion feature, which permits the Company, subject to lender commitments and certain other conditions, to request additional revolving commitments or incremental term loans.
The increased revolving credit capacity enhances the Company’s financial flexibility as it integrates its recently completed acquisition and supports seasonal working capital requirements associated with the business.
“This amendment further strengthens our liquidity position while maintaining the attractive terms of our existing credit facility,” said Mohammad Abu-Ghazaleh, Chairman and Chief Executive Officer. “The additional capacity provides us with greater financial flexibility to support our growth strategy, fund seasonal working capital needs, and continue executing on the successful integration of our recent acquisition.”
The amended facility continues to be unsecured and is available for general corporate purposes, including working capital, capital expenditures, acquisitions, and other strategic initiatives.
About Del Monte Corporation
Del Monte Corporation is one of the world’s leading vertically integrated producers, distributors and marketers of fresh and shelf-stable food products, with products sold in more than 90 countries worldwide. As the global owner of the Del Monte® brand, subject to certain existing licensing arrangements, the company operates across fresh produce, fresh-cut fruit and vegetables, refrigerated foods and shelf-stable categories, serving consumers around the world with a portfolio built on quality, innovation and trust. Formerly Fresh Del Monte Produce Inc., the company changed its corporate name to Del Monte Corporation in June 2026, reflecting its expanded role as steward of one of the world’s most recognized food brands and its commitment to unlocking new opportunities for growth, innovation and global brand expansion. The Del Monte® brand has been a symbol of quality, freshness and reliability for more than 135 years. Del Monte Corporation is not affiliated with certain other Del Monte companies around the world, including Del Monte Asia Pte. Ltd. The company is the first global marketer of fruits and vegetables to commit to the Science Based Targets initiative and has been recognized as one of America’s Most Trusted Companies by Newsweek and named a Humankind 100 Company by Humankind Investments.
Contacts
Investor Relations Contact:
Christine Cannella
Vice President, Investor Relations
ccannella@freshdelmonte.com
Media Contact:
Claudia Pou
Vice President, Global Head of Corporate Communications
communications@freshdelmonte.com
