Material Agreement · New Debt / Obligation

Securities and Exchange Commission, pursuant to Rule 424(b)(5) under the Securities Act of 1933, as amended. The Company issued the Notes under an indenture dated as of June 1, 1995 (the “Base Indenture”) between the Company and The Bank of New York Mellon Trust Company, N.A. (as successor to JPMorgan Chase Bank, N.A. (formerly The Chase Manhattan Bank, N.A.)), as trustee (the “Trustee”), as amended and supplemented by a supplemental indenture dated as of March 8, 2024 for each of the 2029 Notes and 2034 Notes (each, a “Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), in each case, by and between the Company and the Trustee. The Base Indenture and each Supplemental Indenture (including the form of each series of Notes) are filed as Exhibits 4.1 through 4.5 to this report and are incorporated herein by reference. The following description of the Notes and the Indenture is a summary and is not meant to be a complete description thereof. The 2029 Notes and the 2034 Notes will mature on March 15, 2029 and March 15, 2034, respectively. The 2029 Notes will bear interest at a fixed rate per annum equal to 5.400% and the 2034 Notes will bear interest at a fixed rate per annum equal to 5.700%. Interest on the 2029 Notes is payable semiannually in arrears on March 15 and September 15 of each year, commencing on September 15, 2024, and interest on the 2034 Notes is payable semiannually in arrears on March 15 and September 15 of each year, commencing on September 15, 2024. In each case, interest is payable to the persons in whose names such Notes are registered at the close of business on the 14th calendar day immediately preceding the applicable interest payment date (whether or not a business day). The amount of interest payable on the Notes will be computed on the basis of a 360-day year of twelve 30-day months. The Notes are the general senior unsecured obligations of the Company and will rank equally in right of payment with all of the Company’s other existing and future senior unsecured indebtedness from time to time outstanding, including all other senior Notes issued under the Indenture. The Company may redeem the 2029 Notes or the 2034 Notes, in whole or in part, under the terms provided in the respective Supplemental Indenture. The Indenture includes certain restrictive covenants, including covenants that limit the ability of the Company and certain of its subsidiaries to, among other things, incur secured debt, enter into sale and lease-back transactions and consolidate, merge or transfer substantially all of the Company’s assets to another entity. The covenants are subject to a number of important exceptions and qualifications set forth in the Indenture. The Indenture contains customary terms, including that upon certain events of default occurring and continuing, either the trustee or the holders of not less than 25% in aggregate principal amount of the Notes then outstanding may declare the unpaid principal of the Notes and any accrued and unpaid interest thereon immediately due and payable. In the case of certain events of bankruptcy, insolvency or reorganization relating to the Company, the principal amount of the Notes together with any accrued and unpaid interest thereon will automatically become and be immediately due and payable. The foregoing description of the Indenture and the related instruments and transactions associated therewith does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the agreements and instruments, each of which is attached hereto as an Exhibit. Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The description contained under Item 1.01 above is hereby incorporated by reference in its entirety into this Item 2.03. Item 8.01. Other Events. In connection with the offering of the Notes, as described in response to Item 1.01 of this Current Report on Form 8-K, the following exhibits are filed with this Current Report on Form 8-K and are incorporated by reference herein and into the Registration Statement: (i) the Base Indenture, (ii) each Supplemental Indenture, (iii) the form of note for each series of Notes and (iv) the opinion of Davis Polk & Wardwell LLP and related consent. Item 9.01. Financial Statements and Exhibits (d) Exhibits Exhibit Number   Description 4.1   Base Indenture, dated June 1, 1995 (incorporated herein by reference to Exhibit 4 to the Company’s Registration Statement on Form S-3 filed December 17, 1997 (Commission File No. 333-42525)) 4.2   Supplemental Indenture, dated March 8, 2024, for the 2029 Notes 4.3   Form of 2029 Note (included in Exhibit 4.2) 4.4   Supplemental Indenture, dated March 8, 2024, for the 2034 Notes 4.5   Form of 2034 Note (included in Exhibit 4.4) 5.1   Opinion of Davis Polk & Wardwell LLP 23.1   Consent of Davis Polk & Wardwell LLP (included in Exhibit 5.1) 104   Cover Page Interactive Data File formatted in iXBRL. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.   TYSON FOODS, INC.       Date: March 8, 2024 By: /s/ John R. Tyson   Name: John R. Tyson   Title: Executive Vice President and Chief Financial Officer