- Pilgrim’s Pride launched cash tender offer for up to USD 250 million of its 6.25% senior notes due 2033.
- Offer uses fixed spread of 95 bps over 4.125% U.S. Treasury due 2036 to set purchase price.
- Early tender deadline set for April 10, 2026; expiration set for April 27, 2026.
- Early tenders accepted for purchase receive USD 50 per USD 1,000 in early tender payment.
- Company expects to fund repurchases with cash on hand.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pilgrim's Pride Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603300900PRIMZONEFULLFEED9680708) on March 30, 2026, and is solely responsible for the information contained therein.
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