CoBank Agents $1.25B Facility for Pilgrim’s Pride

Pilgrim’s Pride amended its credit facility to consist of a $750 million revolving credit facility and a term loan commitment of $500 million. The amendment included a $1.25 billion accordion feature.

Rabobank Agents New $1.55B Facility for Pilgrim’s Pride

Pilgrim’s Pride entered into a credit agreement, effective May 8, 2017, for a new $750 million revolving credit facility and a term loan commitment of $800 million through a consortium of banks with Rabobank as administrative agent.