Beyond Meat(US:BYND) 智通财经网·2025-09-29 14:47Core Viewpoint - Beyond Meat's stock price plummeted over 28% to $2.046 following the announcement of a debt restructuring plan aimed at reducing over $800 million in debt through a debt-to-equity swap [1] Debt Restructuring - The company plans to convert approximately 47% of the holders of $1.15 billion convertible bonds maturing in 2027 into $203 million in new debt and 326 million shares of common stock [1] - If all bondholders participate in the conversion, they would collectively own 88% of the company [1] - The new debt will be a "pay-in-kind" debt, allowing the company to pay interest with new debt at an annual interest rate of 9.5% [1] Market Challenges - Beyond Meat is facing challenges such as weak demand in the U.S. market, high food prices, and changing health perceptions [1] - Analysts predict that the company will struggle to achieve sustained profitability until mid-2026 [1]