Marfrig Ends Investor Meetings

Marfrig has wrapped up fixed-income investor meetings after seeing accounts in Europe, Latin America and the US, with no indication of a transaction. The B1/B+/B+ rated issuer was escorted by Bradesco, BTG Pactual, Credit Suisse, Deutsche Bank and Morgan Stanley. Marfrig was last in the bond market in May 2011 when it raised a $750m 2018 bond to yield 8.6%.