SÃO PAULO, Sept. 16, 2020
/PRNewswire/ -- BRF S.A. ("BRF") communicates to its shareholders
and to the market in general that it priced, on the date hereof, an
international offering of senior notes in the aggregate amount of
U.S.$ 500,000,000.00 (the "Notes").
The investors' demand exceeded approximately ten times the amount
offered by the Company.
The Notes, which will mature on September
21, 2050, will be issued with a coupon of 5.750% per year,
which is payable semi-annually in arrears, beginning on
March 21, 2021.
BRF intends to use a portion of the net proceeds of the offering
of the Notes to repay certain of its outstanding indebtedness,
which may include all or a portion of its outstanding 5.875% Senior
Notes due 2022, 2.750% Senior Notes due 2022, 3.95% Senior Notes
due 2023 and 4.75% Senior Notes due 2024, with the remainder, if
any, used for general corporate purposes.
The Notes have not been and will not be registered under the
U.S. Securities Act of 1933, as amended ("Securities Act"), and may
not be offered or sold in the United
States of America absent registration or an applicable
exemption from registration requirements. The Notes are being sold
exclusively to qualified institutional buyers, as defined under
Rule 144A of the Securities Act, and to non-U.S. persons pursuant
to Regulation S under the Securities Act. The Notes have not been,
and will not be, registered with the Brazilian Securities and
Exchange Commission (Comissão de Valores Mobiliários – CVM).
The Notes were not offered and will not be sold in Brazil, except in circumstances that do not
constitute a public offering or unauthorized distribution under
Brazilian laws and regulations. BRF will apply to list the Notes on
the Luxembourg Stock Exchange for trading on the Euro MTF Market,
subject to approval by the same.
This announcement does not constitute an offer to sell the Notes
nor a solicitation of an offer to buy the Notes, nor shall any
offer or sale of these Notes take place in any state or
jurisdiction in which such offering is prohibited under the
securities laws of that state or jurisdiction.
About BRF
BRF is a sociedade anônima (corporation) organized under
the laws of the Federative Republic of Brazil. Our principal executive offices are
located at Av. das Nações Unidas, 8501 – 1st Floor, Pinheiros,
05425-070, São Paulo, SP, Brazil,
and our telephone number at this address is
+55-11-2322-5000/5355/5048.
BRF S.A.
Investor Relations Department
Av. Nações Unidas, 8,501, 1st floor
05425-070 – São Paulo – SP – Brasil
Tel.: 11 2322-5377
E-mail: acoes@brf-br.com
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SOURCE BRF