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Published on 10/16/2023 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Marfrig unit buys back $28.46 million of 3.95% notes due 2031

By Mary-Katherine Stinson

Lexington, Ky., Oct. 16 – MARB Bondco plc detailed a recent repurchase of its 3.95% senior notes due 2031 (Cusips: 566007AC4, G5825AAC6) in a notice.

The issuer repurchased and canceled $28,457,000 on Oct. 2.

This follows repurchases of $24 million of the notes on March 10, $70 million of the notes on June 30, 2022 and $150 million of the notes on May 9, 2022.

As of Oct. 16, $1,227,543,000 of the notes remain outstanding.

Marfrig Global Foods SA is the guarantor with Marfrig Holdings (Europe) BV, Marfrig Overseas Ltd. and NBM US Holdings, Inc. as subsidiary guarantors.

Bank of New York Mellon Trust (Japan), Ltd. is the principal paying agent. Bank of New York Mellon is the trustee, registrar, transfer agent and New York paying agent.

Parent Marfrig Global Foods is a Sao Paulo, Brazil-based company engaged in the production, processing and trade of meat products. The issuer is a wholly owned subsidiary.


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