ThePigSite.com - news, features, articles and disease information for the swine industry

News

BRF Issues $500 Million Bond Offer

01 June 2012

BRAZIL - 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

More News

Spain & Portugal: Hog Markets

News from Spain   18 December 2014

Our Sponsors

Partners


Seasonal Picks

Managing Pig Health: A Reference for the Farm - 2nd Edition - 5m Books