ContrasteMarch 2, 2026 – FriGol, one of Brazil’s leading beef processors, completed its fourth issuance of Agribusiness Receivables Certificates (CRA), raising a total of BRL 250 million. The transaction was led by Bradesco BBI as lead coordinator, with BTG Pactual acting as coordinator and Opea as securitization company.
The bookbuilding process exceeded initial expectations, setting the total offering amount at BRL 250 million, including the full exercise of the additional 25% allocation option provided for in the issuance structure. The result reflects strong investor appetite for the transaction.
The offering was structured into three series, designed to meet different investor profiles. The first series has a five-year maturity, with remuneration equivalent to 100% of the CDI rate plus 2.50% per year. The second series, also with a five-year term, carries a fixed interest rate of 16.37% per year. The third series has a longer seven-year maturity and will be remunerated at IPCA + 11.40% per year.
The public offering was conducted under a firm commitment underwriting structure, targeting qualified and professional investors.
This is the company’s second issuance with a credit rating. For this transaction, Moody’s assigned an A rating (investment grade) on the national scale, reinforcing FriGol’s financial strength, operational consistency, and disciplined management.
“This issuance represents a milestone for the company. For the first time, we have reached a broader base of qualified individual investors. The strong market reception demonstrates recognition of our consistent efforts in governance, operational efficiency and financial discipline,” said Luciano Pascon, CEO of FriGol.
“This is the largest amount ever raised by FriGol. As in previous issuances, the proceeds will be used to extend the company’s debt profile, reduce financial costs and support operational activities. We view CRA issuances as an efficient financing instrument to support the company’s sustainable growth,” said Carlos Corrêa, Chief Financial and Sustainability Officer.
About FriGol
FriGol is one of Brazil’s leading and most traditional beef processors. Founded in 1992 by the Gonzaga Oliveira family, which has been active in the meat industry since 1970, the company operates strategically located plants in the states of São Paulo and Pará and recently established an industrial partnership with RioBeef, a beef processing facility in Rondônia.
The company has a significant presence in both domestic and international markets, exporting to more than 60 countries across South America, North America, Europe, the Middle East, Asia and Africa.
Media Contacts
Elaine Daffara
elaine.daffara@frigol.com.br
+55 (14) 98181-0183
Gleice Bernardini
marketing@frigol.com.br
+55 (14) 98181-0235