GREELEY, Colorado, April 13, 2026 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ:PPC) (the "Company") announced today the total consideration payable in connection with its previously announced tender offer (the "Tender Offer") for up to $250 million aggregate principal amount (the "Maximum Tender Amount") of its 6.250% Senior Notes due 2033 (the "Notes").  

The table below sets forth, among other things, the aggregate principal amount of the Notes validly tendered and not validly withdrawn as of 5:00 p.m., New York City time, on April 10, 2026 (such date and time, the "Early Tender Date") and expected to be accepted for purchase in each Tender Offer, the approximate proration factor for the Notes and the Total Consideration for the Notes, as calculated at 10:00 a.m., New York City time, April 13, 2026.

Title of Security

CUSIP/ISIN

Principal Amount Outstanding

U.S. Treasury Reference Security(1)

Bloomberg Reference Page

Fixed Spread

Reference Yield

Principal Amount Tendered at Early Tender Date

Principal Amount Expected to be Accepted

Approximate Proration Factor

Total Consideration(2)(3)

6.250% Senior Notes due 2033

72147KAK4/US72147KAK43

$922,521,000

4.125% UST due 2/15/36

FIT1

+ 95 bps

4.313%