Brazil's Independencia Alimentos to sell $150 million five-year notes

By Christine Van Dusen

Atlanta, March 12 - Brazil's Independencia Alimentos SA plans to issue about $150 million of senior secured notes (expected Caa1//) due 2015, according to a market source.

Proceeds will be used for general corporate purposes, working capital, payments to suppliers and transaction fees and expenses.

Independencia Alimentos is a beef producer based in Cajamar, Sao Paulo.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.