Syndicate of lenders issues US$1.5bn revolving credit facility in favour of JBS Foods

An international team with members from Canada, Australia and Luxembourg advised the administrative agent and syndicate of lenders in respect of its US$1.5bn multi-currency revolving credit facility issued in favour of JBS Foods. The credit facility replaces the company’s existing asset-based lending revolving facility, and the borrowings under the facility will be used for general corporate purposes. 

JBS Foods is one of the world’s largest producers of beef, pork, chicken and packaged food products.