Brazil's JBS raises $2 billion in dollar bond sale (updated)

Jbs NV

30/03/2026 22:37

Recasts with company statement

SAO PAULO, March 30 (Reuters) - Brazil's JBS JBS.N, the world's largest meatpacker, raised $2 billion through the issuance of dollar-denominated bonds due 2037 and 2057, it said in a securities filing on Monday.

JBS priced $1.25 billion in bonds due 2037 with a 5.625% coupon.

In a second tranche, JBS priced $750 million in bonds due 2057 with a 6.40% coupon.

Proceeds will be used to fund debt tender offers for outstanding notes due 2034 and 2035 totaling up to $1 billion and general corporate purposes, JBS said.

Fixed-income news service IFR had previously reported the bonds' pricing.

(Reporting by Andre Romani; Editing by Gabriel Araujo and Iñigo Alexander)

((Andre.Romani@thomsonreuters.com; 11 991314109;11 56447500;))