04:09 AM EDT, 09/11/2024 (MT Newswires) -- Bunge Global ( BG ) said late Tuesday its Bunge Limited Finance subsidiary priced a public offering of $2 billion of senior unsecured notes.

The offering has three tranches, including $400 million of 4.1% senior notes due 2028, $800 million of 4.2% senior notes due 2029 and $800 million of 4.65% senior notes due 2034. The offering is expected to close on Sept. 17.

The company said it plans to use the net proceeds to fund a portion of the cash consideration for its proposed acquisition of Viterra, to repay a portion of certain Viterra debt in connection with the business combination, and any remaining amounts for general corporate purposes.

Each series of notes will be subject to a special mandatory redemption under certain cases if the acquisition is not completed by an agreed upon date, the company said.

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