22.08.2013 20:44:00

JBS S.A. -- Moody's confirms JBS' Ba3 rating; outlook changed to negative.

Sao Paulo, August 22, 2013 -- Moody's Investors Service ("Moody's") has confirmed the long-term ratings for JBS S.A and its wholly-owned subsidiaries ("JBS"). At the same time, the outlook for all the ratings have been changed to negative. This concludes the rating review which began on June 10, 2013 following the announcement of the proposed acquisition of Seara Brasil and Zenda leather operations from Marfrig.

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