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JBS raises $500 million in retap of bonds, IFR reports

SAO PAULO, April 9 (Reuters) - Brazil's JBS Z98.F, the world's largest meatpacker, raised $500 million through a retap of its 11-year and 31-year dollar-denominated bonds, IFR reported on Thursday.

JBS raised $250 million in each tranche, with the new sale priced at 5.569% yield for the 11-year bond and 6.429% yield for the 31-year bond, according to IFR.

The company raised $2 billion in late March through the issuance of dollar-denominated bonds due 2037 and 2057.

 (Reporting by Andre Romani)

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

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