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Published on 11/25/2019 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Brazil’s BFF announces redemption price for its 7¼% notes due 2020

By Sarah Lizee

Olympia, Wash., Nov. 25 – Brazil’s BFF International Ltd. redeemed its $86.1 million of outstanding 7¼% senior notes due 2020 for a total redemption price of $86,913,277.08, according to a notice.

As previously reported, the notes were set to be redeemed on Nov. 22 at a make-whole price calculated using a discount of Treasuries plus 50 basis points.

The redemption price also includes accrued interest.

Bank of New York Mellon is the agent.

BFF International is a subsidiary of BRF SA, a food company based in Sao Paulo.


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