date:Apr 10, 2013
ent is even better than the previous offering and represents an all-time low for the company, JBS said. The book building represented a three-times oversubscription.
This offering has a BB rating from Standard Poors and BB- with stable perspective from Fitch Ratings, JBS added.
Fitch Ratings affirmed JBS's ratings and upgraded its ratings outlook from negative to stable.
The 'BB-' rating takes into consideration JBS's strong business profile, as the world's largest beef, leather and pork