AMERICAS

摘要

Beef company marfrig withdrew its planned bond issue and tender offer last Thursday, as pricing levels indicated by investors did not meet the company's expectations, banks leading the sale said in a note to the market. "Although a solid book was built during the morning, price levels indicated by investors did not meet the company's original price target," the statement said. "In light of its overall objective of reducing interest expense, Marfrig decided not to undertake the new issue and will continue with an open and fluid dialogue with investors."