JBS announced the issuance of US$ 2 billion in international bonds through its subsidiaries JBS USA Food Company Holdings and JBS USA Foods Group Holdings. The transaction was structured in two tranches: US$ 1.25 billion maturing in 2037 with a 5.625% coupon, and US$ 750 million maturing in 2057 with a 6.4% rate.
The proceeds will be primarily used to refinance existing debt. The company plans to allocate up to US$ 1 billion to repurchase outstanding notes, particularly those maturing in 2034 and 2035.
The remaining funds will be directed toward general corporate purposes, with the aim of strengthening liquidity and the group’s financial structure. Source: Times Brasil
