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BRF Raises R $ 2.2 Billion through Agribusiness Receivable Certificates

Operation will improve the Company’s capital structure and diversify financing sources


BRF, one of the largest food companies in the world, approved, this week, in a meeting of its Board of Directors, the raising of R $ 2.2 billion through the issuance, with restricted efforts, of Agribusiness Receivables Certificates - CRAs . The funds will be used entirely and exclusively in investments, costs and expenses related to its production chain. The first series of CRAs has a value of R $ 705 million, maturing in seven years. The second series, of R $ 1.495 billion, matures in 10 years.

This transaction is in line with the Company’s capital structure management strategy, whose goals are aimed at sustaining liquidity, increasing the average debt term and diversifying financing sources.

According to BRF’s Vice President of Finance and IR, Carlos Moura, the operation highlights the credit quality and the strong market appetite for the BRF franchise. “The magnitude of the issue reflects investors’ confidence in our strategy, in the credit reputation and in the potential for business development in the markets where we operate”, reinforces the executive.

About BRF

The world’s largest global chicken exporter, BRF has iconic brands such as Sadia, Perdigão and Qualy. Its purpose is to offer quality food that is more and more tasty and practical, to people all over the world, through the sustainable management of a long, complex and living chain, which provides a better life for everyone, from the farm to the table. Based on fundamental commitments to safety, quality and integrity, the Company bases its strategy on a long-term vision and aims to generate value for the communities in which it operates, its employees and members, shareholders and society.

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