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Published on 6/12/2012 in the Prospect News Convertibles Daily and Prospect News Investment Grade Daily.

S&P rates Bunge notes BBB-

Standard & Poor's said it assigned its BBB- debt rating to Bunge Ltd. Finance Corp.'s senior unsecured $400 million notes offering due 2017, drawn under its Rule 415 shelf registration.

Parent company Bunge Ltd. will fully guarantee the notes on a senior unsecured basis.

The agency said the ratings on Bunge Ltd. reflect S&P's opinion that the company has a satisfactory business risk profile and an intermediate financial risk profile.


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