S&P rates ESAL notes BB

Standard & Poor's said it assigned its BB rating to ESAL GmbH's planned 10-year senior unsecured notes.

The rating on the issue reflects the credit quality of ESAL's parent company, JBS SA (JBS; BB/stable/--), as JBS and its wholly owned subsidiary, JBS Hungary Holdings Kft (the holding company of JBS USA, LLC), unconditionally guarantee the notes.

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