MBRF postpones bond issuance amid deteriorating external market conditions

MBRF, the merged entity of Marfrig and BRF, has delayed an international bond issuance due to worsening fundraising conditions in recent days, with no new date set. The move signals tightening credit conditions for Brazilian corporates in offshore markets, likely reflecting broader risk-off sentiment. The delay is a notable shift from prior plans, though the scale of market deterioration is not quantified.