debt
confidence high
sentiment neutral
materiality 0.60
Bunge prices $2.0B senior notes offering in three tranches to fund Viterra acquisition
Bunge Global SA
- $400M 4.100% notes due 2028, $800M 4.200% notes due 2029, $800M 4.650% notes due 2034.
- Net proceeds to fund cash consideration for Viterra acquisition and repay assumed Viterra debt.
- Notes subject to special mandatory redemption at 101% if acquisition not consummated by agreed date.
- Offering expected to close September 17, 2024, subject to customary conditions.
- Joint book-runners include SMBC Nikko, BNP Paribas, BofA, J.P. Morgan, Mizuho.