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Published on 1/19/2022 in the Prospect News Emerging Markets Daily, Prospect News Green Finance Daily, Prospect News High Yield Daily and Prospect News Investment Grade Daily.

Fitch gives JBS USA notes BBB-

Fitch Ratings said it gave a BBB- rating to the new senior unsecured notes to be sold in two tranches by JBS USA Lux SA and co-issuers JBS USA Finance, Inc. and JBS USA Food Co. The notes are also guaranteed by JBS SA.

The rating is the same as Fitch’s on JBS’ $1 billion of notes due 2027 and its other dollar-denominated senior unsecured debt.

The proceeds are for debt repayment and general corporate purposes.


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