Pilgrim’s Pride announces a 500-million euro note offering
Proceeds will fund general corporate purposes and finance the recent Walkers Deli acquisition.
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Poultry and prepared foods producer
pilgrims.comLast updated
In short: Pilgrim's faced JBS's full-control bid, funded its Walkers Deli acquisition with €500M notes, reported quarterly results, and expanded in Georgia.
Proceeds will fund general corporate purposes and finance the recent Walkers Deli acquisition.
Subject to CMA approval, the deal expands Pilgrim's footprint in value-added pork categories and integrates Walkers' historic production facilities into its European operations.
The company will close its Tennessee harvesting division, impacting 348 workers, while focusing production on high-value boneless chicken products.
Adjusted EPS reaches $0.51 amid operational upgrades across the U.S., steady European volumes, and Mexican expansion.
Revenue rose to £4.12bn in FY2025 as the group invested £108.6m across its operations, with its Northern Ireland poultry arm ...
Pilgrim’s Pride Corporation and its UK subsidiary Pilgrim’s Europe Finance PLC previously priced an offering of €500 million ...
A secret company could bring a $1 billion factory to Sanford. Lee County just approved up to $46...
On August 18, JBS N.V. (NYSE:JBS) proposed buying out every share of Pilgrim’s Pride Corporation (NA...
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