Notice to the Market - Full Redemption 2024

Notice to the Market | Full Redemption 2024

São Paulo, March 15, 2021 - Marfrig Global Foods S.A. (B3: MRFG3 and Level 1 ADR: MRRTY – “Marfrig”), in accordance with Instruction 358 of the Securities and Exchange Commission of Brazil (CVM) dated January 3, 2002, jointly with its subsidiaries MARB BondCO PLC (“MARB”), Marfrig Holdings (Europe) B.V. (“Marfrig Holdings”), Marfrig Overseas Limited (“Marfrig Overseas”), today announced the redemption of all of the outstanding 7,000% Senior Notes due 2024 (the “2024 Notes”), issued on March 15, 2017 by MARB. The redemption of all outstanding 2024 Notes occurred on the present date (the “Redemption Date”) at a redemption price of 101.750%, or U.S.$1,017.50 per U.S.$1,000, of the principal amount of the 2024 Notes, together with accrued and unpaid interest to but excluding the Redemption Date.

It is important to highlight that, as widely announced to the market during the Liability Management process started in January 2021, the Company invested US$ 250 million of its own cash position to conclude the 2024 Notes redemption process, aiming to improve its financial leverage metrics related to gross debt.

This Notice to the Market is disclosed for informational purposes only, in accordance with the applicable legislation. It is not marketing material and should not be construed as advertising to offer or sell any securities issued by Marfrig, MARB, Marfrig Holdings, Marfrig Overseas or NBM.


Tang David
Chief Financial and Investor Relations Officer
Marfrig Global Foods S.A.


Phone: +55 (11) 3792-8926 / 7400