BRF Wraps Up Roadshow

BRF Wraps Up Roadshow

Brazil Bonds

Brasil Foods (BRF) has completed investor meetings ahead of a potential bond sale, with pricing targets expected to be released today, according to people familiar with the process. The plan is for a new $500m 2023 bond, according to rating agency reports. BRF is expected to use proceeds to refinance shorter-term debt with the new deal, possibly accompanied by an exchange offer to buy back existing bonds. BRF's 2022 bonds, trading recently to yield around 4.02%, will be used as a pricing referen

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