secwatch / observer
8-K filed April 19, 2023, 7:59 PM ET ticker PPC CIK 0000802481
debt confidence high sentiment neutral materiality 0.65

PILGRIMS PRIDE CORP (PPC): debt financing — Pilgrim's Pride issues $1.0B senior unsecured notes at 6.250% due 2033

PILGRIMS PRIDE CORP

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

PILGRIMS PRIDE CORP incurred senior notes of $1.0 billion aggregate principal amount with Regions Bank at 6.250% maturing 2033.

Instrument
senior notes
Principal
$1.0 billion aggregate principal amount
Counterparty
Regions Bank
Rate
6.250%
Maturity
2033
Event
incurrence
Exact text from the filing
On April 19, 2023, Pilgrim’s Pride Corporation, a Delaware corporation (the “Company”), closed the sale of $1.0 billion aggregate principal amount of its 6.250% senior unsecured notes due 2033 (the “Notes”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

PILGRIMS PRIDE CORP entered into Indenture with Regions Bank, as trustee valued at $1.0 billion (effective 2023-04-19).

Action
entry
Agreement
notes offering
Counterparty
Regions Bank, as trustee
Value
$1.0 billion
Effective
2023-04-19
Exact text from the filing
On April 19, 2023, Pilgrim’s Pride Corporation, a Delaware corporation (the “Company”), closed the sale of $1.0 billion aggregate principal amount of its 6.250% senior unsecured notes due 2033 (the “Notes”). The Notes were issued pursuant to an indenture, dated April 19, 2023 (the “Base Indenture”), among the Company, each of its domestic, wholly-owned restricted subsidiaries that guarantee the Company’s U.S. credit facility (the “Guarantors”), and Regions Bank, as trustee (the “Trustee”), as supplemented by a first supplemental indenture, dated April 19, 2023 (the “First Supplemental Indenture” and, together with the Base Indenture, the “Indenture”), among the Company, the Guarantors and the Trustee.
View on SEC.gov

4 debt financings filed in the last 30 days. Browse all debt financings →

PILGRIMS PRIDE CORP filing history →

Source: SEC EDGAR
accession 0001193125-23-106498
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