Bunge Global SA (NYSE:BG) is among the must-buy non-tech stocks to invest in now. On March 17, Bunge Global SA (NYSE:BG) announced a debt offering for $1.2 billion. The global agribusiness and food company said the offering involved senior unsecured notes in two tranches.
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The first part comprised $500 million of notes at 4.800% notes due 2033. The second part involved $700 million of notes at 5.150% due 2036. The company tapped SMBC Nikko Securities America, Citigroup Global Markets, and J.P. Morgan Securities and other firms to help with the debt offering.
Bunge said it planned to use the proceeds from the offering for various purposes, including repayment of debt, share buybacks, capital expenditures, and working capital. The company closed 2025 with $1.17 billion of cash and cash equivalents.
At its 2026 Investor Day event on March 10, Bunge outlined its strategic priorities for the years ahead. The discussion touched on matters such as portfolio optimization, capital allocation, and integration of Viterra, the company that Bunge acquired recently.
Among other things, the management outlined a plan to maintain shareholder capital returns at a minimum of 50% of excess free cash flow. This plan is a combination of dividends and share buybacks. As part of this target, Bunge’s board has approved $3 billion for a new repurchase program.
On earnings, Bunge aims to reach $15 of EPS by the end of 2030. The company’s adjusted EPS was $7.57 in 2025.
As part of the portfolio optimization efforts, Bunge acquired certain protein businesses from International Flavors & Fragrances (IFF) in early March. It said the acquired businesses would complement its existing protein portfolio and allow it to offer customers a more diverse range of solutions.
Bunge Global SA (NYSE:BG) is a global agribusiness and food company. It’s engaged in businesses such as food processing, grain trading, and fertilizer production. The company is deeply involved in the soybeans business, where it processes, distributes, and markets soybeans and related products around the world.
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