Pilgrim’s Pleasure costs $1B senior notes providing (NASDAQ:PPC)

PPC intends to make use of the web proceeds from the providing to pay off the exceptional time period loans beneath its U.S. credit score facility.

The remainder proceeds shall be used for normal company functions, together with compensation of present debt.

Barclays Capital, BofA Securities, BMO Capital Markets, Citigroup World Markets, Mizuho Securities USA, RBC Capital Markets, BBVA, ING Monetary Markets, Rabo Securities USA, and Truist Securities are amongst joint-bookrunning managers for the providing.


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