Minerva up in grey market after offering pick-up on tap
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Emerging MarketsEM LatAm

Minerva up in grey market after offering pick-up on tap

Minerva, LatAm, Minas Gerais, Brazil, cattle, cows, protein, meadows, Marfrig, JBS, LAtAm, 575

Brazilian meatpacking company Minerva returned to debt markets on Tuesday with a $400m tap of a 10 year bond first issued amid turbulent markets in March. The tap was more easily digested, coming at a calmer moment.

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