PRICED - JBS NV/JBS USA Foods Group Holdings Inc/JBS USA Food Co Holdings US$500m(total) tap '37 & '57
PRICED:
US$250m tap of the 5.625% 3/10/2037 at 100.457 , yld 5.569%. Spread: T+128bp MWC T+25bp
US$250m tap of the 6.40% 5/10/2057 at 99.604 , yld 6.429% . Spread: T+153bp. MWC T+30bp
LAUNCH:
US$250m '37 at T+128bp
US$250m '57 at T+153bp
JBS NV/JBS USA Foods Group Holdings Inc/JBS USA Food Co Holdings , Baa3/BBB/BBB- , announced a US$ 144a/RegS 2-part senior unsecured notes that contains a tap of ths 5.625% 3/10/2037 & tap of the 6.40% 5/10/2057 via bookrunners: BBS/BBVA/BMO/BTG/BRADESCO/CITI/MIZ/RABO/RBC UoP: to pay the consideration payable pursuant to the Tender Offers. Any remaining funds, if any, would be used for general corporate purposes, including repayment of existing debt. . MWC: T+20 / T+25. Par call 3 months ('37) & par call 6 months ('57) prior to maturity.. Denoms 2k x 1kCUSIP: 144A 46590XBA3, REGS L56608AV1; 144A 46590XBC9, REGS L56608AW9. ISIN: 144A US46590XBA37, REGS USL56608AV11; 144A US46590XBC92, REGS: USL56608AW93. Pricing is expected today. Settlement: 4/13/26
IPTs: '37 T+128bp(the#), '57 T+153-155bp