Fitch gives Marfrig unit notes BB-

Fitch Ratings said it assigned a BB- rating to NBM US Holdings, Inc.'s $500 million senior notes with a maturity up to 10 years.

NBM US Holdings is a wholly owned subsidiary of Marfrig Global Food SA, which unconditionally and irrevocably guarantees the notes, as does MARB BondCo plc, Marfrig Holdings (Europe) BV and Marfrig Overseas Ltd.

The notes will be unsecured senior obligations and will rank pari passu with all unsecured and unsubordinated obligations of Marfrig and the other guarantors, Fitch said.

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