/PRNewswire/ JBS USA Food Company announced today that it is amending its previously announced cash tender offers (each a "Tender Offer" and collectively,.
/PRNewswire/ JBS USA Food Company announced today that it has commenced cash tender offers (each, a "Tender Offer" and collectively, the "Tender Offers").
Share this article
Share this article
GREELEY, Colo., May 14, 2021 /PRNewswire/ JBS USA Lux S.A. ( JBS USA ) today announced that it, JBS USA Food Company and JBS USA Finance, Inc. have successfully priced at par their offering of $500.0 million aggregate principal amount of senior notes maturing December 1, 2031 (the Notes ). The Notes have an interest rate of 3.750%. The offering is expected to close on May 28, 2021, subject to customary closing conditions.
JBS USA intends to use the net proceeds from the offering of the Notes to finance the acquisition of Vivera Topholding BV (the Vivera Acquisition ), the third largest manufacturer of plant-based food products in Europe, and to pay related fees and expenses, with any remaining net proceeds for general corporate purposes. If for any reason the Vivera Acquisition is not completed, JBS USA expects to use the net proceeds from the offering of Notes for general corporate purposes.