Marfrig Raises LM Funds
Brazil’s Marfrig has sold a $400m 2021 NC4 bond to fund a tender offer, after getting $700m in demand from over 100 accounts. The B2/B/B meatpacker priced the 2021 bond at 98.715 with an 11.25% coupon to yield 11.50%, in line with mid 11%-area initial price thoughts. The bond...
Already have an account?
Subscribe now for unlimited access to all current and archive news, data and market analysis.
Take a free two-week trial now for the latest news, data and market analysis.