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Pilgrim's Pride prices €500 million in euro notes ahead of Walkers Deli deal

9/10/2026

The acquisition debt is closing before the acquisition.

Pilgrim's Pride Corporation (NASDAQ: PPC) priced €500 million of 4.750% senior notes due 2034 on September 9, 2026, naming Walkers Deli & Sausage Company as the primary intended use of proceeds.

The notes are set to close September 23; the Walkers deal itself carries no such deadline, and the two closings are explicitly decoupled.

The issuers are Pilgrim's Pride, based in Greeley, Colorado, and Pilgrim's Europe Finance PLC, a wholly owned subsidiary incorporated under the laws of England and Wales.