Brazilian Meat Firm Pauses Bond Sale Plans as Funding Costs Soar
AI Summary
Brazilian food company MBRF Global Foods has paused plans for a potential high-yield bond offering. A global bond-market selloff has driven borrowing costs sharply higher, making new debt financing less attractive.
MBRF Global Foods Co. SA has decided to hold off on a potential junk-debt offering as a global bond selloff has sent borrowing costs soaring.
Markets Deals Commodities MBRF Global Foods bond offering junk debt borrowing costs bond selloff Brazilian food company