Contact us (+ 7 (921) 446-25-10)
×
Texting is available for authorized users.
Please register or log in at the website.
×
Your request for online training has been sent. Cbonds managers will be in touch with you shortly. Thank you!

International bonds: Marfrig Global Foods, 6.875% 24jun2019, USD (USN54468AD05, N54468AD0)

StatusCountry of riskMaturity (option)
Amount i
This field shows outstanding face value amount for outstanding bonds
Issue ratings (M/S&P/F)
redeemedBrazil**/**/****508,445,000 USD***/***/***
Registration required. Please log in or fill in the registration form.
×
Available to subscribers "Price Center NRD". Order paid / trial access .
×

Yield calculation

 %
×

Registration required. Please log in or fill in the registration form.

Files

×

You are going to buy a prospectus of Marfrig Global Foods, 6.875% 24jun2019, USD
The cost of your order is $50
Enter your e-mail (for getting the document)

Incorrect email

Please find user agreement here

Sorry, an unexpected error occurred.
Your order is under moderation.
The link for payment will be sent you shortly.
×

Registration required. Please log in or fill in the registration form.

Issue information

BorrowerMarfrig Global Foods
SPV / IssuerMARFRIG HOLDINGS EUROPE B.V.
Bond typeCoupon bonds
Form of issueRegistered documentary bonds
Placement methodOpen subscription
Placement typePublic
Issue purposeShow
Issue purpose
The net proceeds from the sale of the notes are expected to amount to approximately U.S.$839.4 million after deducting certain expenses and commissions (including those to be paid to the initial purchasers) in connection with the offering. The company intends to use the net proceeds of this offering to finance the Tender Offers as described under “Management’s Discussion and Analysis of Financial Condition and Result of Operations—Material Contracts—Senior Notes—2017 Notes and— 2021 Notes,” and to pay fees and expenses associated with the Tender Offers. Any remaining net proceeds will be used to repay other outstanding indebtedness (including but not limited to open market repurchases of certain of our outstanding bonds) and for general corporate purposes.
Par amount, integral multiple1,000 USD
Nominal of international bonds1,000 USD
Minimum settlement amount200,000 USD
Outstanding principal amount0 USD
Amount850,000,000 USD
Amount Outstanding508,445,000 USD
Placement date**/**/****
Maturity date**/**/****
Floating rateNo
Coupon Rate*.***%
Current coupon rate6.875%
Day count fraction***
Coupon frequency2 time(s) per year
Interest accrual date**/**/****
ListingLuxembourg S.E.

Related issues

×

Registration required. Please log in or fill in the registration form.

Cbonds Valuation
i
Indicative bond and international bond quotes by Cbonds are calculated based on the methodology. The end result of the methodology is a single end-of-day Cbonds quote, which is based on bid and ask data of various trading floors and contributors working with this asset.
:

Trading floorDate and timeBid/ ask price (Yield)
Indicative price (Yield) i
Indicative price is used to calculate the effective yield, duration, modified duration and is calculated according to the following priority of prices: weighted average price (Average), market price (Market), closing price (Close), admitted price (Admitted), middle price (Mid), last price (Last). Indicative yield is calculated according to the following priority of yields: yield to maturity (effective), yield to put/call (effective), current yield.
G-spread
T-spread, bp i
T-spread is calculated as the difference between the issue yield and the yield on government securities of the USA, Great Britain and Germany in the corresponding issue currency and with comparable modified duration (the calculations are based on the effective yields only). The value is computed only for issues in USD, EUR, GBP.
CBONDS ESTIMATION
i
Indicative bond and international bond quotes by Cbonds are calculated based on the methodology described here http://ru.cbonds.com/organizations/docdownload/8715.
The end result of the methodology is a single end-of-day Cbonds quote, which is based on bid and ask data of various trading floors and contributors working with this asset.
Quotes are published both anonymously and publicly in the section Bond Quotes by Market Participants: http://cbonds.com/quotes/market/. These quotes are indicative only. Organizations posting the quotes have no obligations to conduct transactions at these prices. To learn the actual current prices, you need to contact the respective organization. Trading floor quotes are available at http://cbonds.com/quotes/.
06/21/2019*** / *** (*** / ***)*** (***)******Archive
Registration required. Please log in or fill in the registration form.

Bond classification

Subordinated
Sinkable bond
Perpetual
Convertible
Structured product
Restructuring
Securitization
Mortgage bonds
Trace-eligible
Covered
Foreign bonds
CDO
Sukuk
Retail bonds
Supranational bond issues
Green bonds
Non-Marketable Securities

Identifiers

ISIN / ISIN RegSUSN54468AD05
ISIN 144AUS56656UAF93
CUSIP / CUSIP RegSN54468AD0
Common Code / Common Code RegS107812067
CUSIP 144A56656UAF9
CFI / CFI RegSDBFGGR
CFI 144ADBFGGR
FIGI / FIGI RegSBBG006MJJDX5
WKN / WKN RegSA1ZKUX
WKN 144AA1ZKUZ
SEDOLBMW2SG9
FIGI 144ABBG006MGRSR6
TickerMRFGBZ 6.875 06/24/19 REGS

Primary placement

Issuer rating on issue date (M/S&P/F)***/***/***
Placement**/**/****
Initial issue price (yield)***% (*.***%)
Settlement Duration*.**

Participants

Bookrunner: BTG Pactual Holding, HSBC, Itau Unibanco Holdings, Morgan Stanley
Issuer Legal Adviser (International law): Linklaters
Issuer Legal Adviser (Listing law): Jones Day Mexico, Maples & Calder
Arranger Legal Adviser (International law): Simpson Thacher & Bartlett
Arranger Legal Adviser (Domestic law): Pinheiro Neto
Issuer Legal Adviser (Domestic law): Lefosse Advogados
Trustee: Bank of New York Mellon
Depository: Clearstream Banking S.A., Euroclear Bank

Payment schedule

*****

Coupon dateCoupon, %Coupon payment amount, USDRedemption of principal, USD
Show previous
1**/**/*****.****,***
2**/**/*****.****,***
3**/**/*****.****,***
4**/**/*****.****,***
5**/**/*****.****,***
6**/**/*****.****,***
7**/**/*****.****,***
8**/**/*****.****,***
9**/**/*****.****,***
10**/**/*****.****,******,***
Show following
Registration required. Please log in or fill in the registration form.

Early redemption terms

*****

DateOption typePriceRepurchased amount at par, mln
Show previous
**/**/****debt repurchase**.****.**
**/**/****call***.**
**/**/****debt repurchase******.**
**/**/****call***.**
Show following
Registration required. Please log in or fill in the registration form.
Registration required. Please log in or fill in the registration form.

Issue ratings

Marfrig Global Foods, 6.875% 24jun2019, USD

Rating AgencyRating / OutlookScaleDate
Fitch Ratings***/***LT Int. Scale (foreign curr.)01/04/2019
Moody's Investors Service ***/***LT- foreign currency06/24/2019
S&P Global Ratings***/***Foreign Currency LT08/23/2019
Registration required. Please log in or fill in the registration form.

Issuer ratings

Marfrig Global Foods

Rating AgencyRating / OutlookScaleDate
Fitch Ratings***/***LT Int. Scale (local curr.)09/24/2019
Fitch Ratings***/***LT Int. Scale (foreign curr.)09/24/2019
Moody's Investors Service ***/***LT- local currency07/04/2019
S&P Global Ratings***/***Foreign Currency LT07/12/2019
S&P Global Ratings***/***Local Currency LT07/12/2019
Registration required. Please log in or fill in the registration form.

Consolidated IFRS reports

year 1 Q 2 Q 3 Q 4 Q
2019
2.12 M eng
1.81 M eng
2018
2.09 M eng
1.82 M eng
2.14 M eng
2.41 M eng
2017
2.49 M eng
×

minimizeexpand
Cbonds is a global fixed income data platform
  • Cbonds is a global data platform on bond market
  • Coverage: more than 170 countries and 250,000 domestic and international bonds
  • Various ways to get data: descriptive data and bond prices - website, xls add-in, mobile app
  • Analytical functionality: bond market screener, Watchlist, market maps and other tools
×