NEW YORK, August 12, 2026 – Corvane Ryle LLP today announced that it advised Brightmoor Foods, a manufacturer and distributor of packaged and fresh food products, on its inaugural offering of US$750 million of senior notes. The notes were offered to qualified institutional buyers and certain non-US persons in a transaction exempt from registration under the Securities Act of 1933, and drew substantial demand from institutional investors.

Brightmoor will use the proceeds to repay a portion of its existing bank debt, diversify its sources of funding and extend its debt maturities. The offering is the company's first access to the high-yield and investment-grade bond markets and follows a period of steady growth in its private-label and branded product lines.

The Corvane Ryle team was led by Rafael Monteverde, a capital markets partner in New York, who advised on the offering memorandum and the indenture. Benedikt Sauerland, a banking and private credit partner in Frankfurt, advised on the interaction of the notes with the company's remaining credit facilities. Arjun Mehra-Collins, a tax partner in New York, led the tax structuring, and Grace Whitcombe, a partner in Chicago, advised on product labeling and consumer protection disclosure.

Lawyers from the firm's Intellectual Property and Securities Regulation groups also contributed to the transaction, including on the risk factor disclosure that investors rely on in the food sector.

"A first bond offering is an important milestone for a company, and Brightmoor's management and board were thorough in their preparation," said Rafael Monteverde. "We were glad to help them reach the market on strong terms."

The offering was announced ahead of the company's agreed acquisition by a US specialty retailer, which remains subject to regulatory approvals. Corvane Ryle advises issuers, underwriters and sponsors on debt and equity offerings of every kind.

About Corvane Ryle LLP: Founded in Chicago in 1958, Corvane Ryle LLP has approximately 2,400 lawyers in 26 offices across 14 countries. The firm advises on transactions, regulatory matters and disputes for clients in technology, consumer, healthcare and energy transition. Counsel for what comes next.