JBS S.A. $500 Million Senior Notes Offering

Davis Polk advised the initial purchasers in connection with a $500 million offering of 7.000% senior notes due 2026 by JBS Investments II GmbH and guaranteed by JBS S.A., which were issued pursuant to Rule 144A and Regulation S under the Securities Act and represent an additional issuance of the company’s 7.000% senior notes due 2026 issued on October 26, 2018.

Headquartered in Brazil, JBS is one of the world’s largest beef, pork and lamb processing companies. JBS processes, packages and delivers fresh, processed and value-added beef, pork, lamb and mutton products to customers in more than 190 countries on six continents.

The Davis Polk corporate team included Manuel Garciadiaz, Drew Glover and Richard Corbett. The tax team included Po Sit, Joseph Jarashow and Rebecca A. Rosen. Members of the Davis Polk team are based in the São Paulo, New York and Northern California offices.