JBS USA will prepay outstanding term loan with notes offering

Chicago, Sept. 13 – JBS USA Food Co. will prepay an outstanding term loan balance of $1.3 billion from a $2 billion offering of reopened notes, according to a press release.

The company is also using proceeds from the new notes to redeem some existing notes and fund a tender offer for one other series.

A subsidiary of Brazil-based JBS SA, a meat processing company, JBS USA is based in Greeley, Colo.

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