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Published on 5/31/2023 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Marfrig unit updates on recent repurchase of 3.95% notes due 2031

By Mary-Katherine Stinson

Lexington, Ky., May 31 – 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 $24 million of notes on March 10 following repurchases of $70 million of the notes on June 30, 2022 and $150 million of the notes on May 9, 2022.

As of May 31, $1.256 billion 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. The 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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