Pilgrim’s Pride Corporation (NASDAQ: PPC) announced on Sept. 9, 2026 that it, together with Pilgrim’s Europe Finance PLC, a wholly‑owned subsidiary incorporated in England and Wales, has priced a senior notes offering. The pricing was disclosed in a GlobeNewswire release issued from Greeley, Colorado.
The senior notes, issued by Pilgrim’s Europe Finance PLC on behalf of the Company, are part of Pilgrim’s Pride’s ongoing strategy to refinance existing debt and fund future growth initiatives. The notes are senior unsecured obligations, carrying a fixed interest rate and a maturity schedule that aligns with the Company’s long‑term capital plan.
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Pilgrim’s Pride, one of the United States’ largest poultry producers, has been expanding its international financing footprint through subsidiaries such as Pilgrim’s Europe Finance PLC. By tapping European capital markets, the Company aims to diversify its funding sources and potentially secure more favorable pricing conditions.
The offering was priced at a spread over benchmark rates that reflects current market conditions for corporate senior debt. The proceeds are expected to be used for general corporate purposes, including repayment of outstanding borrowings and investment in operational efficiencies across its poultry processing facilities.
Regulatory filings indicate that the notes will be listed on the Nasdaq market, and the Company has complied with all applicable securities laws in both the United States and the United Kingdom. The pricing marks the final step before the notes are issued to investors, with settlement anticipated within the standard market timeline.