Pilgrim’s Pride calls $500 million 7 7/8% senior notes due 2018

By Marisa Wong

Madison, Wis., Nov. 14 – Pilgrim’s Pride Corp. issued a notice of redemption on Friday for its $500 million of outstanding 7 7/8% senior notes due 2018, according to an 8-K filing with the Securities and Exchange Commission.

The notes will be redeemed on Dec. 15 at 103.9375 plus accrued interest to the redemption date.

Bank of New York Mellon is the trustee.

Pilgrim’s Pride is a Greeley, Colo.-based poultry processor.

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