SÃO PAULO, Brazil – As a part of JBS SA’s debt rebalancing process announced on May 12, JBS USA LLC has priced its Term Loan B with a principal amount of $475 million and an interest rate of LIBOR + 3.0 percent, with a 7-year maturity. JBS SA opted to expand the initial amount from $400 million to $475 million due to demand and an interest rate 25 basis points lower than previously indicated.

The company is working to finalize an asset based loan, which should be concluded in the coming weeks, totaling an additional $800 million. All funds raised will be used to pay down shorter-term, higher-cost debt at parent company level.