The notes are due 2036, 2056 and 2066

Davis Polk advised the initial purchasers in connection with a Rule 144A / Regulation S offering by JBS USA Holding Lux S.à r.l., JBS USA Foods Group Holdings, Inc. and JBS USA Food Company of (i) $1.25 billion aggregate principal amount of 5.500% senior notes due 2036, (ii) $1.25 billion aggregate principal amount of 6.250% senior notes due 2056 and (iii) $1 billion aggregate principal amount of 6.375% senior notes due 2056, guaranteed by JBS S.A., JBS Global Luxembourg S.à r.l. and JBS Global Meat Holdings Pty. Limited.

Davis Polk also advised the dealer managers in connection with JBS USA Food Company’s offer to purchase for cash any and all of the outstanding $1 billion aggregate principal amount of its 2.500% senior notes due 2027.

JBS USA is one of the world’s largest producers of beef, pork, chicken and packaged food products, with operations in the United States, Canada, Australia, New Zealand, Mexico and Europe. JBS USA represents the North American arm of JBS, the largest protein company and one of the largest food companies in the world in terms of net revenue for the year ended December 31, 2024. It has approximately 280,000 employees worldwide and sells products in approximately 180 countries on six continents.

The Davis Polk corporate team included partner Manuel Garciadiaz, counsel Drew Glover. Partner Aliza Slansky and associates Ted Lee and Ziyu (Jessie) Lin advised on U.S. tax matters. Members of the Davis Polk team are based in the São Paulo and New York offices.