BRF Extends Early Deadline

BRF Extends Early Deadline

Brazil Bonds

Brasil Foods (BRF) has extended the early acceptance deadline for its bond exchange offer, it says, to June 18 from Tuesday. The meat and poultry company is targeting up to $150m total in the 6.875% 2017 bonds issued by the Sadia Overseas unit and BFF International’s 7.250% 2020 bonds, with the 2017s given priority. As of Tuesday, holders representing $23.8m of the 2017s and $85.3m of the 2020s had accepted the offer to receive new 3.95% 2023 bonds. Holders tendering 2017 bonds will receive $1,0

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