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

Marfrig’s NBM updates repurchases of notes due 2026, 2029

By Mary-Katherine Stinson

Lexington, Ky., Oct. 16 – NBM US Holdings, Inc. detailed recent repurchases from two series of senior notes, according to different notices.

On Oct. 2, NBM repurchased and canceled $41,614,000 of its 7% senior notes due 2026 (Cusips: 62877VAA9, U63768AA0).

As of Oct. 16, $742,386,000 of the 2026 notes remain outstanding.

On Oct. 2, NBM also repurchased and canceled $11,041,000 of its 6 5/8% senior notes due 2029 (Cusips: 62877VAB7, U63768AB8).

As of Oct. 16, $475,959,000 of the 2029 notes remain outstanding.

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


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