5.950% Senior Notes due 2035
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JBS USA Food Company Holdings Announces Cash Tender Offers for Up to $1,000.0 Million Combined Aggregate Principal Amount of Its 6.750% Senior Notes Due 2034 and 5.950% Senior Notes Due 2035
Globenewswire· 2026-03-30 12:55
Core Viewpoint - JBS USA Food Company Holdings has initiated tender offers to purchase up to $1,000,000,000 of its 6.750% Senior Notes due 2034 and 5.950% Senior Notes due 2035 for cash [1] Group 1: Tender Offer Details - The tender offers are for a combined aggregate principal amount of up to $1,000,000,000 of the 2034 and 2035 Notes [1] - The 2034 Notes have an outstanding principal amount of $1,507,046,000, while the 2035 Notes have a maximum amount of $1,000,000,000 [2] - The tender offers will expire at 5:00 p.m. New York City time on April 27, 2026, with an early tender date of April 10, 2026 [6][11] Group 2: Payment and Consideration - The Total Consideration for each series of Notes validly tendered prior to the Early Tender Date will include an Early Tender Payment of $50 per $1,000 principal amount [4][7] - The Total Consideration will be determined by the applicable fixed spread plus the yield based on the bid-side price of the U.S. Treasury Reference Security [7] - Holders who tender after the Early Tender Date will receive the Late Tender Offer Consideration, which is the Total Consideration minus the Early Tender Payment [7] Group 3: Conditions and Management - The tender offers are subject to certain conditions, including a financing condition, and are not conditioned on a minimum principal amount being tendered [9] - JBS USA Food Company Holdings reserves the right to increase or decrease the Maximum Amount at any time without extending withdrawal rights [5][9] - The company has appointed BBVA Securities Inc., Citigroup Global Markets Inc., Mizuho Securities USA LLC, and RBC Capital Markets, LLC as dealer managers for the tender offers [12]
JBS N.V. Announces Registered Exchange Offers
Globenewswire· 2025-12-11 22:19
Core Viewpoint - JBS N.V. and its subsidiaries have initiated registered exchange offers for the exchange of certain outstanding senior notes to fulfill obligations under registration rights agreements, with no proceeds expected from the exchange offers [1][4]. Group 1: Exchange Offers Details - The exchange offers involve the exchange of up to $1,000,000,000 of newly issued 5.950% Senior Notes due 2035, $750,000,000 of 6.375% Senior Notes due 2055, $1,250,000,000 of 5.500% Senior Notes due 2036, $1,250,000,000 of 6.250% Senior Notes due 2056, and $1,000,000,000 of 6.375% Senior Notes due 2066 for an equal principal amount of the corresponding outstanding old notes [4]. - The exchange offers are registered under the U.S. Securities Act of 1933 and will expire at 5:00 p.m. New York City time on January 12, 2026, unless extended [2]. Group 2: Exchange Agent Information - D.F. King & Co., Inc. is designated as the exchange agent for the exchange offers, providing necessary documentation and assistance to holders of the old notes [3].