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Brasil Foods $500 million offering of 10-year notes talked at 7 5/8% area, to price Thursday
By Paul A. Harris
St. Louis, Jan. 20 - Brasil Foods SA set price talk for its $500 million offering of 10-year notes (Ba1/BB+) at the 7 5/8% area on Wednesday, according to a market source.
Pricing is set for Thursday.
JPMorgan and Santander are leading the Rule 144A and Regulation S offering.
Proceeds will be used to refinance debt and for general corporate purposes.
The food company is based in Sao Paulo.
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