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2 clusters · 4 sources · 23 days · First seen · Last updated

Mantiqueira Alimentos agribusiness financing

Overview

Mantiqueira Alimentos, a major Brazilian egg producer and partner of JBS, has launched a public offering of 500,000 financial settlement rural product certificates (CPR-F) to raise R$ 500 million. The funds are designated for agricultural production, commercialization, processing, and the acquisition of machinery and inputs.

The debt instrument carries a seven-year term maturing in October 2033, with remuneration set at 94% of the CDI rate. A clause in the issuance terms allows JBS to transition from partner to the primary issuer, with Mantiqueira acting as the guarantor, pending investor approval. Following JBS’s acquisition of a 48.5% stake in Mantiqueira, the company is expanding internationally, including a joint venture, Mantiqueira USA, which has signed an agreement to acquire the American producer Hickman’s Egg Ranch.

Entities

Grupo Munaretto · Tocantins · Mantiqueira Alimentos · GCB Investimentos · Victor Moura

Timeline

  1. [BUSINESS] 2 sources
    Mantiqueira Alimentos seeks R$ 500 million via rural product certificates

    Mantiqueira Alimentos is raising R$ 500 million through CPR-F certificates to fund agribusiness operations, with a clause allowing partner JBS to assume the debt.

  2. [BUSINESS] 2 sources
    GCB structures R$ 35 million CRA for Grupo Munaretto

    GCB Investimentos structured a R$ 35 million CRA for Grupo Munaretto to reorganize liabilities and boost working capital for soybean and corn production in Tocantins, Brazil.

Sources

gazeta24h.com · globorural.globo.com · oglobo.globo.com · portalrbn.com.br