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on August 20, 2021

Pilgrim’s offers $900 million in notes to fund Kerry deal

The unsecured notes will be due in 2032

Pilgrim’s Pride announced the pricing of senior unsecured notes for a total amount of $900 million to help the company finance its previously announced acquisition of the Meats and Meals business of Kerry Consumer Foods.

The remainder of the proceeds from the notes will be used to repay outstanding…

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