Pilgrim's Pride Corporation (NASDAQ: PPC) and its wholly owned subsidiary Pilgrim's Europe Finance PLC announced the pricing of €500 million in aggregate principal amount of 4.750% senior notes due 2034.

The offering is expected to close on Sept. 23, 2026, subject to customary closing conditions.

According to a press release, the company intends to use the net proceeds for general corporate purposes, including funding its previously announced acquisition of Walkers Deli & Sausage Company and paying related costs and expenses. The offering is not conditioned on the closing of that acquisition.

The notes have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States without registration or an applicable exemption. The notes will be offered only to qualified institutional buyers under Rule 144A and to certain non-U.S. persons under Regulation S.