Financing ·
Pilgrim's Pride Corporation and its subsidiary Pilgrim’s Europe Finance PLC priced a private offering of €500 million…
PPCPilgrims Pride Corp
Pilgrim's Pride Corporation and its subsidiary Pilgrim’s Europe Finance PLC priced a private offering of €500 million aggregate principal amount of 4.750% senior notes due in 2034 on September 9, 2026. The transaction is expected to close on September 23, 2026, subject to customary conditions. Net proceeds will be used for general corporate purposes, including funding the recently announced acquisition of Walkers Deli & Sausage Company and paying related expenses; however, the note offering is not conditioned on the completion of this acquisition. Pilgrim's Pride Corporation operates in the poultry processing industry, employing approximately 63,000 people across protein processing plants and prepared-foods facilities in multiple countries.