JBS Talks Price

JBS Talks Price

Brazil Bonds

Brazil’s JBS is out with 6.75%-area initial price thoughts for what is expected to be a $300-500m 2023 NC5 bond sale pricing as soon as today, according to people familiar with the process. JBS wrapped up two days of fixed-income investor meetings Monday, and will hope for a repeat of the warm reception peers Marfrig and Minerva received earlier this month. Leads are using JBS’s own curve as pricing reference points, with the meatpacker’s 2018 bonds trading to yield 5.0% Monday. The new bonds ar

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