date:Aug 05, 2019
n cash at closing and will transfer US$700 million in debt to the JV on a non-recourse basis. With this JV, we will own 50 percent of an entity that will be number two in Brazil by actual crush volume and operating with a conservative capital structure, he said.
Were very excited about this transaction. It meets all of our strategic criteria and enables us to reduce leverage.
Bunge expects closing before the end of the year, subject to regulatory approvals.
The companys view on full-year con