JBS USA LUX SA ANNOUNCES INCREASE AND PRICING OF ITS SENIOR TICKET OFFERING

0

GREELEY, Col., June 6, 2022 /PRNewswire/ — JBS UNITED STATES Lux SA (” JBS UNITED STATES“) today announced the pricing of three series of senior unsecured notes for an aggregate principal amount of $2.5 billion. These notes consist of (i) $500.0 million aggregate principal amount of the 5.125% Senior Notes due 2028 (the “2028 Notes”), (ii) $1,250 million aggregate principal amount of the 5.750% Senior Notes due 2033 (the “2033 Notes”) and (iii) $750.0 million aggregate principal amount of the 6.500% Senior Notes due 2052 (the “2052 Notes” and, together with the 2028 Notes and the 2033 Notes, the “Notes”). JBS UNITED STATES originally intended to issue three series of bonds, each of a benchmark size, with an expected aggregate principal amount of approximately $1.5 billion. Ticket sales are expected to close on June 21, 2022subject to customary closing conditions.

JBS UNITED STATES intends to use the net proceeds of this offering to pay the offer consideration for all of the 6.750% senior notes due 2028 (the “JBS Notes UNITED STATES Tickets 2028″) and up to $600.0 million 6.500% Senior Notes maturing in 2029 (the “JBS UNITED STATES 2029 Notes” and with the JBS UNITED STATES 2028 Bonds, the “Submitted Bonds”), issued by JBS UNITED STATES, filed in connection with an offer to purchase and consent solicitation announced separately today. JBS is expected to use the remaining proceeds for general corporate purposes, including the repayment of certain debts.

This press release does not constitute an offer to buy or a solicitation of an offer to sell or buy the Bonds or the Tendered Bonds. Any offer to purchase the Deposited Notes will be made only on the terms and subject to the conditions set forth in a separate offer to purchase and consent solicitation to be made to holders of the Deposited Notes. There will be no sale of the Securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

Securities and collateral will not be registered under the US Securities Act of 1933, as amended (the “Securities Act”) or any state securities law and may not be offered or sold in United States or to, or for the account or benefit of, any U.S. Person (as defined in Regulation S of the Securities Act) absent registration under the Securities Act, or pursuant to an applicable exemption from the requirements of registration of the Securities Act and applicable state securities laws. The Notes will be offered only to “qualified institutional purchasers” under Rule 144A of the Securities Act or, except United Statesto persons other than “US persons” in accordance with the S.

Important notice regarding forward-looking statements

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the US Securities Exchange Act of 1934, as amended. Statements that are not historical facts, including statements about JBS SA’s outlook and expectations, are forward-looking statements. The words “expect”, “believe”, “estimate”, “intend”, “plan” and similar expressions, when linked to JBS SA and its subsidiaries (including JBS UNITED STATES) and affiliates, make forward-looking statements. These statements reflect the current views of management and are subject to various risks and uncertainties. These statements are based on various assumptions and factors, including general economic, market, industry and operational factors. Any changes to these assumptions or factors may cause practical results to differ from current expectations. Forward-looking statements speak only as of the date on which they were made and JBS UNITED STATES assumes no obligation to update forward-looking statements to reflect events or circumstances after the date on which they were made.

About JBS UNITED STATES Lux SA

JBS UNITED STATES Lux SA is one of the world’s largest producers of beef, pork, chicken and packaged food products. In terms of daily production capacity, JBS UNITED STATES Lux SA is one of the largest beef producers and the second largest pork and chicken producer in the United States. In AustraliaJBS UNITED STATES Lux SA is the leading producer of beef, lamb and packaged foods. JBS UNITED STATES Lux SA prepares, packs and delivers fresh, value-added and branded beef, pork, chicken and lamb products to customers in more than 150 countries on six continents. JBS UNITED STATES Lux SA is an indirect wholly-owned subsidiary of JBS SA, the world’s largest protein company and largest food company by net sales.

SOURCEJBS UNITED STATES food company

Share.

Comments are closed.