JBS issues US$ 3.5 billion in 40-year bonds, a record for Brazilian companies

Last week, JBS completed a US$ 3.5 billion bond issuance maturing in 40 years—the largest transaction of its kind by a Brazilian company. The bonds will mature in 2064 and carry a 7.25% annual interest rate.

The issuance was split into two tranches: one maturing in 2034 for US$ 1 billion, with a 6.75% interest rate; and another for US$ 2.5 billion with 40-year maturity. Market demand exceeded US$ 10 billion, reflecting strong international interest in the company.

According to JBS, the proceeds will be used for general corporate purposes, including debt refinancing and capital structure strengthening. The company highlighted that the issuance allows for a significant extension of debt maturity and access to attractive conditions in a still challenging global environment.