News
BRF Issues $500 Million Bond Offer
01 June 2012BRAZIL - Brazilian meat and popultry processor, Brasil Foods has issued a 10 year bond offereing worth $500 million.
The bonds will have a yield on maturity of six per cent and will pay a semi-annual dividend. They will mature in 2022 and will be guaranteed by BRF and Sadia SA.
The Bonds are being sold exclusively to qualified institutional investors and people outsie of the US.
BRF said it intends to use the proceeds of the Offer to extend its debt maturity profile as well as for general corporate purposes.
ThePigSite News Desk
Share This
News By
Related News
Hormel Lowers Outlook
19 June 2013
China's Farm Produce Prices Slightly Up
19 June 2013More News
OIE: 17 New ASF Outbreaks in Voronezhskaya
20 June 2013JSR’s Top Tips to Combat Summer Infertility
19 June 2013EU Supports Zambian Agriculture, Renewable Energy
19 June 2013Ceva Animal Health Launches Cevazuril in Mexico
19 June 2013FMD NEWS: FMD Outbreak in Taiwan Affects Pigs
18 June 2013New Case of ASF in Volgograd
18 June 2013Canada Counts on US Interests to Resolve COOL Issue
18 June 2013Expect Corn Projections to be Dialed Back
18 June 2013
© 2000 - 2012. 5m Publishing, Benchmark House, 8 Smithy Wood Drive, Sheffield, S35 1QN, England.