J&F raises $1.32B syndicated loan to extend debt maturity

Brazilian conglomerate J&F secured a $1.32 billion financing arranged by BTG Pactual, Citibank, and Crédit Agricole CIB to lengthen its debt profile. The move signals continued access to capital markets for a highly leveraged private group, though terms and use of proceeds remain undisclosed. It matters as a credit-market data point for Brazilian corporates amid elevated local rates.