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Notice to the Market - Notes Issue (Re-Tap)

NOTICE TO THE MARKET

Notes Issue (Re-Tap)

Barretos (SP), March 22nd, 2012 - Minerva S.A. (“Company”), one of South America’s market leaders in the production and sale of fresh beef, live cattle and cattle byproducts, with operations also in the beef, pork and poultry processing segments, hereby informs its shareholders and the market that it has issued US$100,000,000.00 in notes due in February 2022 in the international market (Re-Tap Minerva 22) through its subsidiary Minerva Luxembourg S.A. (“Issuer”).

The Notes were placed at 108.50% of face value and will pay a semiannual coupon of 12.25% p.a. as of August 2012, resulting in a 10.624% yield. The Company will provide guarantee for all the Issuer’s obligations related to this issue.

The strong demand from investors for the Issuer’s notes, which represented a value superior to more than six times the initial value, demonstrates once again markets’ current confidence on the long-term fundamentals of Minerva.

The proceeds from the issue will be used to amortizing debt maturing in the short and medium terms with the aim of reduce the cost of debt and lengthening the current debt profile.

The notes were not registered in accordance with the U.S. Securities Act of 1933, as amended (“Securities Act”), and may not be offered or sold in the United States, except in the case of operations registered in accordance with the U.S. Securities Act of or exempt from registration requirements.


Contact IR

Phone : +55 (11) 3074-2444
E-mail: ri@minerva.com.br

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