Marfrig Upsizes in Bond Return
Brazil’s Marfrig has sold $600m in new 2017 bonds, upsizing from a $300m-$500m expected size on the back of $4bn in demand from over 250 accounts. The B2/B+/B+ meatpacker priced at par with a 9.875% coupon to yield in line with 9.875%-area guidance...
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