Jbs S.A. (JBSAY) has released an update.
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JBS S.A. has announced the unanimous approval by its Board of Directors for an exchange offer of various senior notes issued by its subsidiaries, aimed at replacing existing notes with new ones bearing similar interest rates and maturities. Additionally, the company will provide a corporate guarantee to ensure full compliance with the obligations related to the new notes. The initiative is part of the company’s financial strategy and will be registered with the U.S. Securities and Exchange Commission.
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