New York, September 03, 2013 -- Moody's Investors Service has assigned a Ba2 senior secured bank debt rating to a proposed $400 million term loan ("Incremental Term Loan") to be issued by JBS USA LLC and a Ba3 senior unsecured debt rating to proposed $400 million 144A senior unsecured notes, to be issued jointly by JBS USA LLC and JBS USA Finance, Inc. Proceeds from the Incremental Term Loan and private notes offerings will be used to fund a tender offer announced today for any or all of the $700 million 11.625% notes due May 2014. The rating outlook is negative.

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