10:23 AM EDT, 09/09/2024 (MT Newswires) -- Bunge (BG) said Monday it is offering to exchange up to $1.95 billion in new notes and make cash payments for existing Viterra notes as part of its acquisition of Viterra.

The company said its Bunge Limited Finance unit is initiating an exchange offer for various Viterra notes with maturity dates from 2026 to 2032, which involves a consent solicitation to amend the terms of the Viterra notes, aiming to remove certain restrictions and default provisions, Bunge said.

The settlement is expected shortly after the Oct. 7 expiration date, the company added.