secwatch.observer — SEC 8-K summary
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Issuer:     PILGRIMS PRIDE CORP (PPC)
CIK:        0000802481
Form:       8-K
Filed at:   2023-10-13T23:59:59+00:00
Accession:  0000802481-23-000078
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pilgrim's Pride issues $500M of 6.875% senior notes due 2034 to redeem 5.875% notes due 2027
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- Issued $500M aggregate principal of 6.875% senior notes due 2034.
- Net proceeds used with cash to repurchase and redeem all outstanding 5.875% senior notes due 2027.
- Notes are senior unsecured obligations, rank equally with existing and future senior unsecured debt.
- Issued under indenture with Regions Bank as trustee; effective October 12, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/802481/000080248123000078/0000802481-23-000078-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/802481/000080248123000078/ppc-20231012.htm
  HTML page:      https://secwatch.observer/filing/0000802481-23-000078

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