We provide investment banking, research, sales and trading, asset and wealth management, public finance, insurance, private capital, and family office services.
We are a family-owned financial services firm that values client relationships, long-term stability, and supporting the communities where we live and work.
The idea of family defines our culture, because each of us knows that our reputation is on the line as if our own name was on the door.
Our reputation as a leading independent financial services firm is built on the stability of our longstanding and highly experienced senior executives.
We are committed to corporate philanthropy; economic and financial literacy advocacy; and diversity, equity, and inclusion initiatives.
Stephens is proud to sponsor the PGA TOUR, LPGA Tour, and PGA TOUR Champions careers, as well as applaud the philanthropic endeavors, of our Brand Ambassadors.
We host many highly informative meetings each year with clients, industry decision makers, and thought leaders across the U.S. and in Europe.
Debt Capital Markets
Senior Unsecured Notes
On March 7, 2018, Pilgrim’s Pride Corporation (“Pilgrim’s Pride” or the “Company”) closed two series of Senior Unsecured Notes (the “Notes”) for an aggregate principal amount of $500 million. These Notes consist of:
− $250 million add-on to the existing 5.750% Senior Unsecured Notes due 2025
− $250 million add-on to the existing 5.875% Senior Unsecured Notes due 2027
• Both securities were issued pursuant to Rule 144A and Regulation S under the Securities Act
• Proceeds from the offering of the notes are being used in connection with an offer to purchase for cash any and all of the outstanding 6.25% Senior Notes due 2021 issued by Moy Park Plc, a financing subsidiary of Moy Park Holdings (Europe) Limited and an indirect subsidiary of the Company
− Remaining proceeds will be used to repay a portion of certain of the Company’s outstanding secured debt and for general corporate purposes
• Stephens Inc. served as Co-Manager in the offering
Pilgrim’s Pride Corporation
Pilgrim’s employs approximately 51,300 people and operates chicken processing plants and prepared-foods facilities in 14 states, Puerto Rico, Mexico, the U.K, and continental Europe. The Company’s primary distribution is through retailers and foodservice distributors. For more information, please visit www.pilgrims.com.
This material has been prepared solely for informative purposes as of its stated date and is not a solicitation, or an offer, to buy or sell any security. It does not purport to be a complete description of the securities, markets or developments referred to in the material. Information included in the material was obtained from external sources which we consider reliable, but we have not independently verified such information and do not guarantee that it is accurate or complete. Such information is believed to be accurate on the date of issuance of the material. No subsequent publication or distribution of this material shall mean or imply that any such information or opinion remains current at any time after the stated date of the material. We do not undertake to advise you of any changes in any such information or opinion. Additional information is available upon request.