Reported Earlier, Bunge Global Prices $2B Senior Notes Offering To Support Viterra Acquisition And Debt Repayment
Portfolio Pulse from Benzinga Newsdesk
Bunge has priced a $2 billion Senior Notes offering to support its acquisition of Viterra and repay part of Viterra's debt. The offering includes three tranches of unsecured notes due in 2028, 2029, and 2034.
September 11, 2024 | 6:32 am
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Bunge has announced a $2 billion Senior Notes offering to finance its acquisition of Viterra and repay part of Viterra's debt. This move is part of Bunge's strategic expansion and financial restructuring.
The issuance of Senior Notes is a significant step for Bunge to secure funding for its acquisition of Viterra, indicating a strategic expansion. The repayment of Viterra's debt also suggests a focus on financial health, which could positively impact Bunge's stock in the short term.
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