JBS USA $700 Million Notes Offerings
5/6/2019

Davis Polk advised the representative of the initial purchasers in connection with Rule 144A/Regulation S offerings by JBS USA Lux S.A., JBS USA Food Company and JBS USA Finance, Inc. of (1) $150 million aggregate principal amount of 5.875% senior notes due 2024, which represents an additional issuance of the company’s 5.875% senior notes due 2024 issued on June 25, 2014, (2) $150 million aggregate principal amount of 5.750% senior notes due 2025, which represents an additional issuance of the company’s 5.750% senior notes due 2025 issued on June 4, 2015, and (3) $400 million aggregate principal amount of 6.50% senior notes due 2029, which represents an additional issuance of the company’s 6.50% senior notes due 2029 issued on April 15, 2019.

JBS USA is a processor of beef, pork and lamb in the United States, a processor of beef in Canada and the largest cattle feeder in the world with operations in the United States and Canada. JBS USA represents the North American arm of JBS S.A., the world's leading animal protein processor with more than 200,000 employees worldwide, more than 300 production units and export customers in more than 190 countries.

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.