JBS S.A. Secures SEC Approval for Bond Exchanges

JBS SA (JBSAY) has released an update.

JBS S.A. has announced the approval of its registered exchange offers by the SEC, allowing the company to exchange old bonds for new bonds that will be free of transfer restrictions in the U.S. market. This move involves 13 series of notes totaling significant amounts, with interest rates and maturity terms remaining the same. The exchange offers will expire on November 25, 2024, offering a strategic opportunity for investors to engage with JBS’s financial instruments.

For further insights into JBSAY stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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