Snyder’s-Lance entered into an amended and restated credit agreement with a lender group led by Bank of America as administrative agent.

The existing credit agreement was amended to, among other things: (i) permit the acquisition of Diamond Foods by the company and related transactions, including the incurrence of indebtedness in connection with the merger, (ii) cause certain subsidiaries of the company to guarantee the acquisition indebtedness and (iii) conform the representations and warranties, affirmative, negative and financial covenants to the representations and warranties, affirmative, negative and financial covenants contained in the new credit agreement.

Snyder’s-Lance agreed to acquire all outstanding shares of Diamond Foods in a cash and stock merger transaction for approximately $1.91 billion, including the assumption of approximately $640 million of indebtedness.

Oaktree Capital, Diamond’s largest stockholder, agreed to vote in favor of the transaction. Diamond Foods stockholders will own approximately 26% of the combined company based on outstanding share counts.