Bunge Global SA (NYSE: BG) lengthens receivables securitization program to December 2026

Rhea-AI Filing Summary

Bunge Global SA entered into a Twenty-Ninth Amendment to its trade receivables securitization program with Coöperatieve Rabobank U.A. and other purchasers. The amendment extends the original termination date of the existing Eighth Amended and Restated Receivables Transfer Agreement by 364 days to December 15, 2026, while leaving other relevant terms and conditions unchanged.

The securitization program includes customary representations and covenants, such as eligibility requirements for receivables. Bunge and its subsidiaries must repurchase receivables that later prove ineligible or become subject to certain non-credit related offsets, and their recourse exposure is otherwise limited to a first loss position as subordinated lender, sized based on the historical performance of the trade receivables pool.

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

___________________________________

FORM 8-K

___________________________________

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

December 5, 2025

Date of Report (date of earliest event reported)

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BUNGE GLOBAL SA

(Exact name of registrant as specified in its charter)

___________________________________

Switzerland

(State of Incorporation)

000-56607 (Commission File Number)						98-1743397 (IRS Employer Identification Number)
Route de Florissant 13, 1206 Geneva, Switzerland						N.A
(Address of principal executive offices and zip code)						(Zip Code)
1391 Timberlake Manor Parkway Chesterfield, MO						63017
(Address of corporate headquarters )						(Zip Code)
(314) 292-2000
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each class			Trading Symbol			Name of each exchange on which registered
Registered Shares, $0.01 par value per share			BG			New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company    ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into Material Definitive Agreements     

Amendment to Existing Securitization Program

On December 5, 2025, Bunge Global SA (“Bunge”) and certain of its subsidiaries amended Bunge’s existing trade receivables securitization program (the “Securitization Program”) with Coöperatieve Rabobank U.A., as administrative agent, and certain commercial paper conduit purchasers and committed purchasers (the “Purchasers”) pursuant to the Twenty-Ninth Amendment to the Receivables Transfer Agreement (the “Twenty-Ninth Amendment to the RTA”). The Twenty-Ninth Amendment to the RTA extended the original termination date of the Eighth Amended and Restated Receivables Transfer Agreement (collectively with the Twenty-Ninth Amendment to the RTA, the “Securitization Program Transaction Documents”) by an additional 364 days to December 15, 2026. Other relevant terms and conditions of the Securitization Program Transaction Documents were unchanged by this amendment.

The Securitization Program Transaction Documents contain certain customary representations and warranties and affirmative covenants, including a representation as to the eligibility of the receivables being sold, and contain customary termination events and service defaults. Bunge and its subsidiaries are required to repurchase any receivables that are not eligible as represented on the date of sale or become subject to certain non-credit related obligor offsets following sale to the Securitization Program. Apart from such repurchase obligations, any recourse to Bunge and its subsidiaries under the Securitization Program will be limited to Bunge’s first loss position as subordinated lender, which will be sized based on the historical performance of Bunge’s pool of trade receivables.

From time to time, certain of the Purchasers under the Securitization Program and/or their affiliates provide financial services to Bunge and other subsidiaries of Bunge.

The foregoing descriptions of the Securitization Program and the related Twenty-Ninth Amendment to the RTA does not purport to be complete and are qualified in their entirety by reference to the full text of the Twenty-Ninth Amendment to the RTA, a copy of which will be filed with Bunge’s next periodic report.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant

The information set forth in Item 1.01 of this Current Report on Form 8-K is hereby incorporated by reference in this Item 2.03.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: December 11, 2025

BUNGE GLOBAL SA
By:			/s/Lisa Ware-Alexander
Name:			Lisa Ware-Alexander
Title:			Secretary

FAQ

What did Bunge Global SA (BG) change in its securitization program?

Bunge Global SA amended its existing trade receivables securitization program through a Twenty-Ninth Amendment to the Receivables Transfer Agreement, extending the program’s original termination date by 364 days to December 15, 2026, while keeping other relevant terms and conditions unchanged.

Who are the counterparties in Bunge Global SA (BG)'s securitization amendment?

The amendment involves Coöperatieve Rabobank U.A. as administrative agent and certain commercial paper conduit purchasers and committed purchasers, collectively referred to as the Purchasers.

What obligations does Bunge Global SA (BG) have under the securitization program?

Bunge and its subsidiaries must repurchase receivables that are not eligible as represented on the date of sale or that become subject to certain non-credit related obligor offsets after sale to the securitization program.

How is Bunge Global SA’s risk limited in the securitization program?

Apart from specified repurchase obligations, recourse to Bunge and its subsidiaries is limited to Bunge’s first loss position as subordinated lender, which is sized based on the historical performance of Bunge’s pool of trade receivables.

Were any other key terms of Bunge Global SA (BG)'s securitization documents changed?

The company states that other relevant terms and conditions of the securitization program transaction documents remained unchanged by the Twenty-Ninth Amendment.

Do the securitization program purchasers have other relationships with Bunge Global SA (BG)?

From time to time, certain Purchasers under the securitization program and/or their affiliates provide financial services to Bunge and its other subsidiaries.