Institutional > > News



Barretos, December 02, 2009 - Minerva S.A. (BOVESPA: BEEF3; Bloomberg: BEEF3.BZ; Reuters: BEEF3.SA), one of the market leaders in Brazil in the production and sale of fresh beef, leather and live cattle exports, announces the conclusion of the process to partially cancel the bond issue due in 2017, cancelling securities with face value of US$40.6 million. The bonds were repurchased in the first half this year at prices representing attractive discounts to face value, and the cancellation of these securities is part our the strategy to accelerate the Company’s financial deleveraging process.

To access the PDF click here.