Brasil Foods announced yesterday (22 January) that it has raised US$750m through a bond sale.
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“BRF intends to use the proceeds of the offer to extend its debt maturity profile as well as for general corporate purposes,” the Brazilian meat group said in a statement.
The ten year bonds offers a yield of 7.357% and the sale was coordinated by Itau Unibanco, JP Morgan and Banco Santander.
