The company JBS SA, the world's largest meat processor, said on Monday that it has received a loan of $1.2 billion to pay for the acquisition of the us assets of Cargill pork Inc.
The credit is limited to the period of seven years, interest rate - LIBOR + 2.75% per year, minimum LIBOR rate of 0.75%, said the company.
Term loan will provide Credit Suisse AG, Bank of America Merrill Lynch and Rabobank Nederland for JBS USA LLC, a subsidiary of JBS USA.
Brazilian giant food industry earlier this month announced the purchase of the assets of pork Cargill Meat Solutions valued at $1.45 billion. This agreement will make it one of the largest companies for the production of meat in the United States.
JBS announced new purchases of less than a week after news of the purchase of the British poultry company Moy Park Ltd and the division's processing of food competitor Marfrig Global Foods SA.
Translated by the service "Yandex.Translation"
