{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-106498","form_type":"8-K","ticker":"PPC","cik":"0000802481","company_name":"PILGRIMS PRIDE CORP","filed_at":"2023-04-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.303133+00:00","generated_at":"2026-06-17T00:03:47.294883+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Pilgrim's Pride issues $1.0B senior unsecured notes at 6.250% due 2033","bullets":["Issued $1.0B aggregate principal of 6.250% senior notes due 2033.","Net proceeds used to repay term loans under U.S. credit facility and for general corporate purposes.","Notes are unsecured senior obligations ranking equally with existing unsecured senior debt.","Closing occurred on April 19, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-106498","json":"https://secwatch.observer/filing/0001193125-23-106498.json","markdown":"https://secwatch.observer/filing/0001193125-23-106498.md","text":"https://secwatch.observer/filing/0001193125-23-106498.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/802481/000119312523106498/0001193125-23-106498-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/802481/000119312523106498/d461971d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T00:03:47.294883+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"519474b1a5245cbde05147a7966b342abc4e9f01","claim":"PILGRIMS PRIDE CORP incurred senior notes of $1.0 billion aggregate principal amount with Regions Bank at 6.250% maturing 2033.","evidence_excerpt":"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”).","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/802481/000119312523106498/0001193125-23-106498-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$1.0 billion aggregate principal amount"},{"label":"Counterparty","value":"Regions Bank"},{"label":"Rate","value":"6.250%"},{"label":"Maturity","value":"2033"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"ea49b33c5eea079a83ba88ad19361dd7d383b825","claim":"PILGRIMS PRIDE CORP entered into Indenture with Regions Bank, as trustee valued at $1.0 billion (effective 2023-04-19).","evidence_excerpt":"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.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/802481/000119312523106498/0001193125-23-106498-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"notes offering"},{"label":"Counterparty","value":"Regions Bank, as trustee"},{"label":"Value","value":"$1.0 billion"},{"label":"Effective","value":"2023-04-19"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}