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Published on 8/10/2015 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

S&P rates JBS USA loan BB+

Standard & Poor’s said it assigned its BB+ issue-level rating to JBS USA LLC’s proposed $1.2 billion term loan B due 2022. S&P also assigned a 3H recovery rating to this issuance.

S&P said the issue-level rating reflects the credit quality of JBS USA’s parent company, JBS SA (BB+/stable/--) because it and its wholly owned subsidiary, JBS USA, unconditionally guarantee the debts.


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