LM In Cards for Marfrig as Spreads in Focus

LM In Cards for Marfrig as Spreads in Focus

Brazil Bonds

Brazil-based meat producer Marfrig Alimentos will consider liability management exercises in 2014, depending on the spreads on its existing bonds, the firm’s CEO tells LatinFinance. The company, which is aiming to cut leverage, does not plan to offer new debt, Sergio Rial says. “Our approach would be to continue to monitor the market to seize any opportunity to reignite our liability management process,” he says. The company would want its spreads to compress further before considering a debt bu

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