SAO PAULO, May 15, 2013 /PRNewswire/ -- BRF S.A. ("BRF" -
BM&FBovespa: BRFS3; NYSE: BRFS) announces that today it priced
international offerings of (i) 10 (ten) year bonds in the aggregate
amount of U.S.$500 million (the "USD
Bonds") and (ii) 5 (five) year bonds in the aggregate amount of
R$500 million (the "BRL Bonds" and,
together with the USD Bonds, the "Bonds") (collectively, the
"Offerings").
The USD Bonds, which will mature on May
22, 2023, will be issued with a coupon of 3.95% per year
(yield to maturity 4.135%), payable semi-annually beginning on
November 22, 2013.
The BRL Bonds, which will mature on May
22, 2018, will be issued with a coupon of 7.75% per year
(yield to maturity 7.75%), payable semi-annually beginning on
November 22, 2013.
The Bonds will be senior unsecured obligations of BRF and rank
pari passu with other senior unsecured indebtedness of
BRF.
BRF intends to use the proceeds of the Offerings to extend its
debt maturity profile by refinancing short- and medium-term
maturity indebtedness and for general corporate purposes.
The Bonds have not been and will not be registered under the
U.S. Securities Act of 1933, as amended, or the "Securities Act,"
and may not be offered or sold in the
United States of America absent registration or an
applicable exemption from registration requirements. The Bonds are
being sold exclusively to qualified institutional investors, as
defined under Rule 144A of the Securities Act, and to non-U.S.
persons pursuant to Regulation S under the Securities Act. The
Bonds have not been, and will not be, registered with the Brazilian
Securities and Exchange Commission (Comissao de Valores
Mobiliarios - CVM). The Bonds may not be offered or sold
in Brazil, except in circumstances
that do not constitute a public offering or unauthorized
distribution under Brazilian laws and regulations. The Bonds
are not being offered into Brazil.
BRF intends to apply for listing of the Bonds on the Luxembourg
Stock Exchange for trading on the Euro MTF Market, subject to
approval by the same.
This announcement does not constitute an Offering to sell Bonds
nor a request for Offerings to purchase the Bonds, nor shall any
offer or sale of these Bonds take place in any state or
jurisdiction in which such Offering is prohibited, under the
securities laws of that state or jurisdiction.
CONTACT: Investor Relations Team, +55-11-2322-5061
SOURCE BRF S.A.
