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JBS USA Lux S.A. Announces Pricing Of Its $500.0 Million Senior Notes Offering


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GREELEY, Colo., May 14, 2021 /PRNewswire/ JBS USA Lux S.A. ( JBS USA ) today announced that it, JBS USA Food Company and JBS USA Finance, Inc. have successfully priced at par their offering of $500.0 million aggregate principal amount of senior notes maturing December 1, 2031 (the Notes ).  The Notes have an interest rate of 3.750%.  The offering is expected to close on May 28, 2021, subject to customary closing conditions.   
JBS USA intends to use the net proceeds from the offering of the Notes to finance the acquisition of Vivera Topholding BV (the Vivera Acquisition ), the third largest manufacturer of plant-based food products in Europe, and to pay related fees and expenses, with any remaining net proceeds for general corporate purposes.  If for any reason the Vivera Acquisition is not completed, JBS USA expects to use the net proceeds from the offering of Notes for general corporate purposes. ....

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Recall Issued For Boneless Beef Products Due To Possible E. Coli Contamination


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Nearly 5,000 pounds of a boneless beef product shipped to the East Coast are being recalled due to potential E. coli contamination.
Colorado-based JBS USA Food Company is recalling approximately 4,860 pounds of imported boneless beef products that may be contaminated with E. coli O157:H7, the U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced this week.
According to the company, the frozen, boneless beef products were imported in November and later distributed for additional processing in New York and Pennsylvania.
Only 60-pound cardboard boxes containing “95CL BONELESS BEEF PRODUCT OF AUSTRALIA” with “PACKED ON: 02-SEP-20” and Australian “EST. 4” on the packaging label. ....

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