September 15, 2020 |
Brazil's BRF has hired investment banks to lead a benchmark-sized transaction with intermediate or long term bonds, a source involved in the deal told LatinFinance.
The São Paulo-based meat company has named BB Securities, Bradesco, BTG Pactual, Citi, Itau, JP Morgan, Morgan Stanley and Santander as joint bookrunners, the source said.
BRF and the banks began investor calls on Monday, with the expectation that it will issue this week.
Moody's assigned the proposed notes a Ba2 rating with a stable
Brazilian meat company seeks funds to repurchase 2022, 2023, 2024 and 2026 notes