JBS S.A.’s Consent Solicitation And Cash Tender Offer

Davis Polk advised the dealer manager in connection with JBS Investments GmbH’s cash tender offer and consent solicitation for any and all of the outstanding $750 million aggregate principal amount of its 7.250% senior notes due 2024, and cash tender offer for up to $350 million aggregate principal amount of the outstanding $775 million aggregate principal amount of its 6.250% senior notes due 2023.

JBS is one of the world’s largest beef, pork and lamb processing companies. JBS processes, packages and delivers fresh, processed and value-added beef, pork, lamb and mutton products to customers in more than 190 countries on six continents.

Barclays Capital Inc. acted as dealer manager for the Tender Offers and as solicitation agent.

The Davis Polk corporate team included Manuel Garciadiaz (Picture), Drew Glover and Konstantinos Papadopoulos. The tax team included Po Sit and Joseph Jarashow.

Involved fees earner: Manuel Garciadiaz – Davis Polk & Wardwell; Drew Glover – Davis Polk & Wardwell; Joseph Jarashow – Davis Polk & Wardwell; Konstantinos Papadopoulos – Davis Polk & Wardwell; Po Sit – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Barclays Capital;