New Issue-Smithfield Foods sells $625 mln in notes

June 25 (Reuters) - Pork products producer Smithfield
Foods Inc (SFD.N) on Thursday sold $625 million of five-year
senior secured first lien notes in the 144a private placement
market, said IFR, a Thomson Reuters service.

The size of the deal was increased from an originally
planned $500 million.

JP Morgan, Barclays, and Morgan Stanley were the joint
bookrunning managers for the sale.
BORROWER: SMITHFIELD FOODS INC
AMT $625 MLN* COUPON 10.00 PCT MATURITY 7/15/2014
TYPE SR SEC NTS ISS PRICE 96.201 FIRST PAY 1/15/2010
MOODY'S Ba3 YIELD 11.00 PCT SETTLEMENT 7/2/2009
S&P BB-MINUS SPREAD 841 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS MAKE-WHOLE CALL 50 BPS
*$601.25625 MLN PROCEEDS TO ISSUER