8-KAccepted Sep 9, 5:09 PM ET
Pilgrim’s Pride Announces Pricing of €500M 4.750% Senior Notes Due 2034
Accepted (ET)
5:09 PM
Sep 9, 2026
Filed
Sep 9, 2026
Documents
14
Size
611.7 KB
Summary
Pilgrim’s Pride Announces Pricing of €500M 4.750% Senior Notes Due 2034
What Happened
Pilgrim’s Pride Corporation (PPC) reported on September 9, 2026 that Pilgrim’s Europe Finance PLC, a wholly owned subsidiary, priced a previously announced private offering of €500 million aggregate principal amount of 4.750% senior notes due 2034. The Company furnished a press release about the pricing as Exhibit 99.1 in its Form 8-K (Item 7.01, Regulation FD Disclosure).
Key Details
- Offering size: €500,000,000 aggregate principal amount.
- Coupon: 4.750% fixed interest rate.
- Maturity: Due in 2034.
- Issuer: Pilgrim’s Europe Finance PLC, wholly owned subsidiary of Pilgrim’s Pride Corporation.
Why It Matters
This filing informs investors that Pilgrim’s Pride’s subsidiary has raised long-term debt capital through a private bond placement. The transaction affects the company’s capital structure and future interest obligations (4.750% coupon) but the 8-K does not disclose use of proceeds, final underwriting terms beyond pricing, or any change to the company’s financial results. Investors should watch subsequent filings or company disclosures for details on how the proceeds will be used and any impact on leverage or liquidity.