SEC Info  
    Home      Search      My Interests      Help      Sign In      Please Sign In

JBS S.A., et al. – ‘F-4’ on 5/19/23 – ‘EX-4.8’

On:  Friday, 5/19/23, at 4:57pm ET   ·   Accession #:  1213900-23-41583   ·   File #s:  333-272099, -01, -02, -03, -04, -05, -06, -07

Previous ‘F-4’:  None   ·   Next:  ‘F-4/A’ on 7/13/23   ·   Latest:  ‘F-4’ on 3/27/24   ·   12 References:   

Find Words in Filings emoji
 
  in    Show  and   Hints

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/19/23  JBS S.A.                          F-4                   42:49M                                    EdgarAgents LLC/FA
          JBS Global Luxembourg S.A R.L.
          JBS USA Finance, Inc.
          JBS USA Food Co.
          JBS Global Meat Holdings Pty Ltd.
          JBS USA Lux S.A.
          JBS USA Holding Lux S.A R.L.
          JBS Holding Luxembourg S.A R.L.

Registration Statement by a Foreign Issuer – Securities for a Merger   —   Form F-4

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: F-4         Registration Statement by a Foreign Issuer -        HTML  30.12M 
                Securities for a Merger                                          
 2: EX-3.1      Bylaws of Jbs Sa                                    HTML    128K 
11: EX-3.10     Jbs Global Meat Holdings Pty Ltd                    HTML    390K 
 3: EX-3.2      Jbs Usa Lux                                         HTML     58K 
 4: EX-3.3      Certificate of Amendment of Certificate of          HTML     32K 
                Incorporation                                                    
 5: EX-3.4      Bylaws of Pac Acquisition Corp                      HTML    103K 
 6: EX-3.5      Certificate of Incorporation A Stock Corporation    HTML     19K 
 7: EX-3.6      By-Laws of Jbs Usa Finance, Inc                     HTML     54K 
 8: EX-3.7      Jbs Global Luxembour                                HTML     77K 
 9: EX-3.8      Jbs Holding Luxembourg                              HTML     74K 
10: EX-3.9      Jbs Usa Holding Lux                                 HTML     81K 
12: EX-4.1      Registration Rights Agreement                       HTML    131K 
18: EX-4.10     Jbs Usa Lux S.A. Jbs Usa Food Company               HTML   1.02M 
19: EX-4.11     First Supplemental Indenture                        HTML    493K 
20: EX-4.12     Second Supplemental Indenture                       HTML    193K 
21: EX-4.14     Jbs Usa Lux S.A. Jbs Usa Food Company               HTML   1.02M 
22: EX-4.15     First Supplemental Indenture                        HTML    580K 
23: EX-4.16     Second Supplemental Indenture                       HTML    199K 
24: EX-4.18     Jbs Usa Lux S.A. Jbs Usa Food Company               HTML    991K 
25: EX-4.19     First Supplemental Indenture                        HTML    149K 
13: EX-4.2      Registration Rights Agreement                       HTML    104K 
26: EX-4.21     Jbs Usa Lux S.A. Jbs Usa Food Company               HTML    888K 
27: EX-4.23     Jbs Usa Lux S.A. Jbs Usa Food Company               HTML    860K 
28: EX-4.24     First Supplemental Indenture                        HTML     38K 
29: EX-4.26     Jbs Usa Lux S.A. Jbs Usa Food Company               HTML    871K 
30: EX-4.28     Jbs Usa Lux S.A. Jbs Usa Food Company               HTML    865K 
31: EX-4.29     First Supplemental Indenture                        HTML     33K 
14: EX-4.3      Jbs Usa Lux S.A. Jbs Usa Food Company               HTML    875K 
32: EX-4.31     Jbs Usa Lux S.A. Jbs Usa Food Company               HTML    870K 
15: EX-4.5      Jbs Usa Lux S.A. Jbs Usa Food Company               HTML    868K 
16: EX-4.7      Jbs Usa Lux S.A. Jbs Usa Food Company               HTML    854K 
17: EX-4.8      First Supplemental Indenture                        HTML     35K 
33: EX-5.1      White & Case LLP                                    HTML     35K 
34: EX-5.2      Exchange Offers Letter                              HTML     28K 
35: EX-5.3      Legal Opinion of White & Case Sarl                  HTML     74K 
36: EX-5.4      Opinion of White & Case LLP, Australian Counsel to  HTML     81K 
                Jbs Global Meat Holdings Pty. Limited                            
37: EX-10.1     Revolving Credit Facility Agreement                 HTML    794K 
38: EX-10.2     Revolving Syndicated Facility Agreement             HTML   1.04M 
39: EX-21.1     List of Subsidiaries                                HTML    108K 
40: EX-23.1     Consent of Kpmg Auditores Independentes Ltda        HTML     14K 
41: EX-25.1     Statement of Eligibility to Act as a Trustee        HTML    183K 
42: EX-FILING FEES  Filing Fee Table                                HTML     49K 


‘EX-4.8’   —   First Supplemental Indenture


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



Exhibit 4.8

 

 

 

 

 

 

 

 

 

 

 

 

FIRST SUPPLEMENTAL INDENTURE

 

dated as of August 15, 2022

 

between

 

JBS USA LUX S.A.

as the Company

 

and

 

REGIONS BANK

as Trustee

 

 

 

 

3.000% Senior Notes due 2029

 

 

 

 

THIS FIRST SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), entered into as of August 15, 2022, between JBS USA LUX S.A., a Luxembourg public limited liability company (société anonyme) incorporated and existing under the laws of the Grand Duchy of Luxembourg, having its registered office at 8-10, avenue de la Gare, L-1610, Luxembourg and registered with the Luxembourg Register of Commerce and Companies under number B 203.443 (the “Company”), and REGIONS BANK, as trustee (the “Trustee”).

 

W I T N E S S E T H :

 

WHEREAS, the Company, JBS USA Food Company and JBS USA Finance, Inc. (collectively, the “Issuers”), each of the Guarantors (as defined in the Indenture) party thereto, and the Trustee, entered into that certain indenture, dated as of February 2, 2022 (the “Indenture”), relating to the Issuers’ 3.000% Senior Notes due 2029 (the “Notes”);

 

WHEREAS, Section 10.02 of the Indenture permits the Company and the Trustee, together, to amend, supplement or waive certain provisions of the Indenture for the purposes set forth herein with the consent of the Holders of a majority in aggregate principal amount of the outstanding Notes (not including any Notes that are owned by the Issuers or any of their respective Affiliates);

 

WHEREAS, pursuant to the Consent Solicitation Statement, dated as of August 2, 2022 (the “Consent Solicitation Statement”), the Company has solicited consents from the Holders of the Notes to amend the Indenture as set forth herein (the “Amendments”);

 

WHEREAS, the Holders of a majority in aggregate principal amount of the outstanding Notes (not including any Notes that are owned by the Issuers, or any of their respective Affiliates) have consented to the Amendments to the Indenture, as certified by D.F. King & Co., Inc. on the date hereof;

 

WHEREAS, the Trustee has received an Officer’s Certificate of the Company and an Opinion of Counsel in accordance with Sections 10.06 and 13.04 of the Indenture;

 

NOW THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, the Company and the Trustee hereby agree as follows:

 

Article I

Definitions and other Provisions of General Application

 

 

Section 1.01. All capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Indenture. All definitions in the Indenture shall be read in a manner consistent with the terms of this Supplemental Indenture.

 

Article II

Amendments

 

Section 2.01 Amendments to Definitions. The following definitions in Section 1.01 (“Definitions”) of the Indenture are hereby added or amended and deleted in their entirety and added or replaced in the correct alphabetical order with the following defined terms:

 

2

 

 

““Existing 2032 Notes” means the US$1.0 billion of 3.000% sustainability-linked senior notes due 2032 outstanding on the date of the Offering Memorandum, issued by the Issuers.

 

Parent Guarantors” means, (i) Parent, (ii) Holding, (iii) JBS Global Luxembourg S.à r.l., (iv) JBS Holding Luxembourg S.à. r.l, and (v) JBS Global Meat Holdings Pty. Limited.

 

Registration Rights Agreement” means the registration rights agreement entered into by the Company pursuant to which the Company will agree to use its commercially reasonable efforts to file an exchange offer registration statement with the U.S. Securities and Exchange Commission (“SEC”) to allow Holders to exchange their Notes for equivalent notes in a transaction registered with the SEC.”

 

Section 2.02 Amendments to Amendments, Supplement and Waivers Section. Section 10.01 (“Without Consent of Holders”) of the Indenture is hereby amended by deleting the stricken text (indicated in the same manner as the following example: stricken text) and adding the inserted text (indicated in the same manner as the following example: inserted text) as set forth below:

 

“Section 10.01 Without Consent of Holders. The Company and the Trustee, together, may amend or supplement this Indenture, the Notes or any Guarantee without notice to or consent of any Holder to:

 

(x) conform the text of this Indenture, the Notes or any Guarantee to any provision of the Section entitled “Description of Notes” in the Offering Memorandum; or

 

(xi) provide for the Fall-Away Amendment or any other event or action required or permitted by this Indenture; or

 

(xii) make any other change to provide for the registration of the Notes as provided by the Registration Rights Agreement.

 

Section 2.03 Amendment to Substitution of the Company as Issuer Provision. The last paragraph of Section 12.01 (“Substitution of the Company as Issuer”) of the Indenture is hereby amended by deleting the stricken text (indicated in the same manner as the following example: stricken text) and adding the inserted text (indicated in the same manner as the following example: inserted text) as set forth below:

 

“After the Substitution, all references to the Company shall be deemed to refer to the Substituted Company andif the Substitution is effectuated pursuant to clause (i) above, then the Company prior to the substitution shall become a Restricted Subsidiary of the Substituted Company.”

 

Section 2.04 Amendment to Add Article XIII. Article XIII (“Release of JBS USA Food as an Issuer”) of the Indenture is hereby added to the Indenture as set forth below:

 

“ARTICLE 13
Release of JBS USA Food as an Issuer

 

Section 13.01 Release of JBS USA Food as an Issuer. The Company may, at its option and without the consent of any Holder of the Notes, release JBS USA Food as an issuer for purposes of this Indenture and the Notes; provided, that the following conditions are satisfied:

 

(i) concurrently with such release, the Company or a Restricted Subsidiary of the Company is an issuer of the Notes and such issuer is a corporation (or the equivalent);

 

(ii) JBS USA Food delivers a Guarantee of the Notes pursuant to a supplemental indenture; provided, that such Guarantee shall be subject to the release provisions set forth in ‎Section 11.06;

 

(iii) immediately after giving effect to such release, on a pro forma basis, no Event of Default shall have occurred and be continuing;

 

3

 

 

(iv) JBS USA Food Company shall cease to be an issuer under each of the (a) Notes, (b) Existing 2031 Notes and (c) Existing 2032 Notes, for any reason, including, without limitation, as a result of a consent solicitation, an exchange offer, the full repayment, redemption or defeasance thereof; and

 

(v) the Company delivers to the Trustee an Officer’s Certificate stating that such release complies with this Indenture and that all conditions precedent in this Indenture relating to such release have been satisfied.”

 

Section 2.05 Amendments to Cross-References. As a result of the Amendment in Section 2.04 of this Supplemental Indenture that adds a new Article XIII to the Indenture, Article 13 (“Miscellaneous”) of the Indenture shall now be referred to as Article 14 (“Miscellaneous”), and all references within the Indenture to Article 13 shall now be understood to refer to Article 14.

 

Article III

 

Miscellaneous

 

Section 3.01. This Supplemental Indenture shall be governed by, and construed in accordance with, the laws of the State of New York. For the avoidance of doubt, the application of the provisions of Article 470-1 to 470-19 (inclusive) of the Luxembourg law on commercial companies, dated August 10, 1915, as amended, is excluded.

 

Section 3.02. This Supplemental Indenture may be signed in various counterparts which together will constitute one and the same instrument.

 

Section 3.03. This Supplemental Indenture is an amendment to the Indenture, and the Indenture and this Supplemental Indenture will henceforth be read together.

 

Section 3.04. The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which are made solely by the Company. In entering this Supplemental Indenture, the Trustee shall be entitled to the benefit of every provision of the Indenture relating to the conduct or affecting the liability or affording protection to the Trustee whether or not elsewhere herein so provided. The Company expressly reaffirms and confirms its obligations to indemnify the Trustee in connection with the Indenture, this Supplemental Indenture and all the actions contemplated hereby, all in accordance with the terms of the Indenture.

 

Section 3.05. Any notice or communication to or from the parties shall be delivered in accordance with Section 14.02 of the Indenture (as amended by this Supplemental Indenture).

 

Section 3.06. This Supplemental Indenture shall not amend, modify or alter any provision of the Indenture that would require the consent of each affected holder pursuant to Section 10.02(b) of the Indenture to make such amendment, modification or alteration.

 

Section 3.07. Nothing in this Supplemental Indenture or the Notes, expressed or implied, shall give to any Person other than the parties hereto and their successors hereunder and the Holders any benefit or any legal or equitable right, remedy or claim under this Supplemental Indenture or the Notes.

 

Section 3.08. The parties hereto ratify the provisions of Section 14.09 of the Indenture (as amended by this Supplemental Indenture) with respect to this Supplemental Indenture, as if such provisions were set forth in their entirety herein.

 

Section 3.09. In case any provision in this Supplemental Indenture or in the Notes is invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions will not in any way be affected or impaired thereby.

 

Section 3.10. This Supplemental Indenture shall be effective as of August 15, 2022. This Supplemental Indenture shall become operative only upon the payment of the applicable Consent Fee.

 

[Signature Page Follows]

 

4

 

 

IN WITNESS WHEREOF, the parties hereto have caused this Supplemental Indenture to be duly executed as of the date first above written

 

  JBS USA LUX S.A.,
   
  By: /s/ Diego Pirani
    Name:  Diego Pirani
    Title: Authorized Signatory

 

[Signature Page to First Supplemental Indenture to 3.000% Senior Notes due 2029]

 

 

 

 

  REGIONS BANK,
  as Trustee
   
  By: /s/ Craig A. Kaye
    Name:  Craig A. Kaye
    Title: Vice President

 

[Signature Page to First Supplemental Indenture to 3.000% Senior Notes due 2029]

 

 

 

 


Dates Referenced Herein

This ‘F-4’ Filing    Date    Other Filings
Filed on:5/19/23None on these Dates
8/15/22
8/2/22
2/2/22
 List all Filings 


7 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/27/24  JBS B.V.                          F-4/A                  5:6.4M                                   Donnelley … Solutions/FA
 3/27/24  JBS S.A.                          F-4                  175:69M                                    EdgarAgents LLC/FA
 3/27/24  JBS S.A.                          20-F       12/31/23  198:43M                                    EdgarAgents LLC/FA
 9/01/23  JBS B.V.                          F-4/A                 10:9.6M                                   Donnelley … Solutions/FA
 7/13/23  JBS S.A.                          F-4/A                  4:34M                                    EdgarAgents LLC/FA
 7/12/23  JBS B.V.                          F-4                   15:9.2M                                   Donnelley … Solutions/FA
 6/21/23  JBS B.V.                          DRS/A7/12/23    5:9.1M                                   Donnelley … Solutions/FA


5 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 9/26/22  Pilgrim’s Pride Corp.             8-K:1,3,7,9 9/22/22   13:12M
 9/02/21  Pilgrim’s Pride Corp.             8-K:1,2,7,9 9/02/21   12:43M
 8/17/21  Pilgrim’s Pride Corp.             8-K/A:1,2,9 8/11/21   11:67M
 4/09/21  Pilgrim’s Pride Corp.             8-K:1,2,7,9 4/08/21   14:44M
10/03/17  Pilgrim’s Pride Corp.             8-K:1,2,7,9 9/26/17    4:731K                                   Donnelley … Solutions/FA
Top
Filing Submission 0001213900-23-041583   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
AboutPrivacyRedactionsHelp — Thu., May 9, 10:27:55.2am ET