Pilgrim's Pride Tender Offer: $250M Notes Accepted with 53% Proration

Pilgrim's Pride Corporation announced the results of its tender offer for up to $250 million aggregate principal amount of its 6.250% Senior Notes due 2033. As of the Early Tender Date, $471,546,000 principal amount of Notes were validly tendered. Due to the tender amount exceeding the maximum, the company expects to accept $250,000,000 of Notes on a prorated basis, resulting in an approximate proration factor of 53%. The Total Consideration for accepted Notes is $1,056.90 per $1,000 principal amount, with early settlement expected on April 14, 2026.