# Vital Farms, Inc. (VITL) — capital_raise [announced]
Source: SEC API (secapi.ai) · situation sit_25e3f5a9eaa6a3d45164 · retrieved 2026-08-12T07:23:44.330Z

## Overview
Vital Farms is a Certified B Corporation that offers a range of ethically produced foods nationwide, including shell eggs, hard-boiled eggs, and liquid whole eggs sold in more than 24,000 stores; it is the leading U.S. brand of pasture-raised eggs by retail dollar sales.

On August 4, 2026, Vital Farms entered into two new credit agreements: a $60.0 million senior secured asset-based revolving credit facility with JPMorgan Chase Bank, N.A. as administrative agent, and a $125.0 million senior secured term loan facility with Silver Point Finance, LLC as administrative agent. The term loan was borrowed in full on the closing date and used to repay existing indebtedness under the company's prior $60.0 million revolving credit facility (entered April 9, 2024), which terminated concurrently. The revolving facility matures August 4, 2029, and the term loan bears interest at SOFR plus 7.50% (subject to a 1.00% floor) or base rate plus 6.50% (subject to a 2.00% floor), with an exit fee equal to 1.30x the original principal amount less amounts received.

## Terms
- Counterparty: JPMorgan Chase Bank, N.A. and Silver Point Finance, LLC · Deal value: $185.0M

## Key dates
- Announced 2026-08-06

## Timeline
- 2026-08-06 · 8-K (0001193125-26-336692): 8-K - Vital Farms, Inc. — *Vital Farms is a Certified B Corporation that offers a range of ethically produced foods nationwide, including shell eggs, hard-boiled eggs, and liquid whole eggs sold in more than 24,000 stores; it is the leading U.S. brand of pasture-raised eggs by retail dollar sales.* On August 4, 2026, Vital Farms entered into two new credit agreements: a $60.0 million senior secured asset-based revolving credit facility with JPMorgan Chase Bank, N.A. as administrative agent, and a $125.0 million senior secured term loan facility with Silver Point Finance, LLC as administrative agent. The term loan was borrowed in full on the closing date and used to repay existing indebtedness under the company's prior $60.0 million revolving credit facility (entered April 9, 2024), which terminated concurrently. The revolving facility matures August 4, 2029, and the term loan bears interest at SOFR plus 7.50% (subject to a 1.00% floor) or base rate plus 6.50% (subject to a 2.00% floor), with an exit fee equal to 1.30x the original principal amount less amounts received.
  https://www.sec.gov/Archives/edgar/data/1579733/0001193125-26-336692.txt

## Citations
- 0001193125-26-336692 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000119312526336692