Marfrig lines up bond for 'sustainable transition'

Marfrig, Brazil, cow, meat, protein, meatpacker, latAm
By Oliver West
30 Jul 2019

Brazilian meatpacker Marfrig is looking to fund cattle purchases that meet its environmental and sustainability criteria through a debt sale that the company is describing as a “sustainable transition” bond.

BNP Paribas, ING and Santander, global coordinators and sustainability advisors, have been holding calls with investors on Monday and Tuesday, paving the way for a trade as early as Wednesday. 

B1/BB-/BB- rated Marfrig is looking to raise a $500m bond of up to 10 years, according ...

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