SMITHFIELD, Va., July 31, 2013 (GLOBE NEWSWIRE) -- As part of the financing for the proposed acquisition (the "Acquisition") of Smithfield Foods, Inc. (NYSE:SFD) (the "Company"), Sun Merger Sub, Inc., a Virginia corporation ("Merger Sub"), announced today the closing of its previously announced offering of senior notes, which were issued in one series of 5.250% senior notes due 2018 in an aggregate principal amount of $500,000,000 and one series of 5.875% senior notes due 2021 in an aggregate principal amount of $400,000,000 (collectively, the "Notes"). Merger Sub is an indirect wholly-owned subsidiary of Shuanghui International Holdings Limited ("Parent").
Smithfield Foods Announces Closing Of $900 Million Senior Notes Offering
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