Brazilian meatpacker JBS to buy back $875 million of bonds

RIO DE JANEIRO (Reuters) – Brazilian meat producer JBS SA (JBSS3.SA) will redeem $875 million worth of bonds in August, it said in a securities filing on Friday.

According to the filing, the company will redeem $425 million of its 6.25% notes due in 2023 and $450 million of its 5.875% notes due in 2024.

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