April 6 (Reuters) - Packaged and frozen food producer,
ConAgra Foods Inc (CAG.N: Quote, Profile, Research), on Monday sold $1 billion of notes
in two parts, said IFR, a Thomson Reuters service.

The size of the deal was increased from an originally
planned $750 million.

Bank of America and JP Morgan were the joint bookrunning
managers for the sale.
BORROWER: CONAGRA FOODS INC
FIRST TRANCHE:
AMT $500 MLN COUPON 5.875 PCT MATURITY 4/15/2014
TYPE NOTES ISS PRICE 99.957 FIRST PAY 10/15/2009
MOODY'S Baa2 YIELD 5.885 PCT SETTLEMENT 4/14/2009
S&P TRIPLE-B SPREAD 400 BPS/ PAY FREQ SEMI-ANNUAL
FITCH TRIPLE-B MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
SECOND TRANCHE:
AMT $500 MLN COUPON 7.00 PCT MATURITY 4/15/2019
TYPE NOTES ISS PRICE 99.596 FIRST PAY 10/15/2009
MOODY'S Baa2 YIELD 7.057 PCT SETTLEMENT 4/14/2009
S&P TRIPLE-B SPREAD 412.5 BPS/ PAY FREQ SEMI-ANNUAL
FITCH TRIPLE-B MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
*COC PUT AT 101.