---
schema_version: "secwatch.filing_event.v1"
accession: "0000802481-22-000086"
form_type: "8-K"
ticker: "PPC"
cik: "0000802481"
company_name: "PILGRIMS PRIDE CORP"
filed_at: "2022-09-15T23:59:59+00:00"
generated_at: "2026-06-23T09:34:26.234952+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Pilgrim's Pride solicits consents to amend $1.9B in notes after investment-grade upgrade

## Summary
- Soliciting consents from holders of $1.0B 4.250% notes due 2031 and $0.9B 3.500% notes due 2032.
- Offers $1.00 per $1,000 principal plus registration rights if majority consents obtained.
- Upgrade to BBB- by S&P on June 2, 2022 triggers covenant suspension; amendments align with investment-grade status.
- Consent solicitation expires at 5:00 PM NY time on September 22, 2022.
- RBC, Barclays, BMO, Mizuho acting as solicitation agents.

## SEC filing metadata
- accession: 0000802481-22-000086
- form_type: 8-K
- ticker: PPC
- cik: 0000802481
- company_name: PILGRIMS PRIDE CORP
- filed_at: 2022-09-15T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/802481/000080248122000086/0000802481-22-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/802481/000080248122000086/ppc-20220915.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000802481-22-000086
- JSON: https://secwatch.observer/filing/0000802481-22-000086.json
- Plain text: https://secwatch.observer/filing/0000802481-22-000086.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.