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BRF Arranges Credit Facility

02 May 2012

BRAZIL - Brasil Foods (BRF) has entered into a three–year US$500–million revolver credit facility.

In order to improve financial liquidity management, BRF – Brasil Foods S/A, Perdigão International Ltda and Perdigão Europe – Sociedade Unipessoal LDA have announced to shareholders and to the market that it has entered into a US$500–million revolver credit facility with a three–year availability period in two tranches (US$ and €) with 19 banks in total.

The mandated lead arrangers are Santander, Morgan Stanley and HSBC. In addition, other banks participated in the syndicate at different levels: Banco Bradesco, Banco do Brasil, Bank of China, The Bank of Nova Scotia, The Bank of Tokyo-Mitsubishi, BNP Paribas, Mizuho Corporate Bank, Standard Chartered Bank, Sumitomo Mitsui Banking, ING Bank, Rabobank Curaçao, Bank of Taiwan, Deutsche Bank, Mega International Commercial Bank, United Taiwan Bank, Credit Agricole Corporate and Investment Bank. The transaction was structured to have the credit available at any time during the three–year period.

ThePoultrySite News Desk



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