Bunge Global (NYSE: BG) expands BLFC unsecured commercial paper program to $3B

Rhea-AI Filing Summary

Bunge Global SA reported that its wholly owned subsidiary, Bunge Limited Finance Corp. (BLFC), has increased the size of its unsecured corporate commercial paper program by $1.0 billion, raising the total program capacity from $2.0 billion to $3.0 billion as of September 3, 2025. Bunge guarantees any notes issued under this BLFC commercial paper program, meaning investors in the notes rely on Bunge’s credit.

The BLFC commercial paper program holds short-term credit ratings of P-2 from Moody’s, A-2 from S&P and F-2 from Fitch. These ratings require Bunge to maintain same-day unused committed borrowing capacity under its long-term committed credit facilities in an amount at least equal to the commercial paper that is issued and outstanding, effectively linking short-term borrowing capacity to available long-term liquidity.

Insights

Corporate credit and capital-structure analyst

Bunge raises BLFC commercial paper capacity to $3.0B, adding flexible short-term funding backed by committed credit lines.

Bunge Global SA increased the unsecured corporate commercial paper program of its subsidiary, Bunge Limited Finance Corp., by $1.0 billion, taking total capacity from $2.0 billion to $3.0 billion. Bunge guarantees all notes issued, so the program effectively represents short-term borrowing capacity at the parent’s credit quality.

The program carries short-term ratings of P-2 (Moody’s), A-2 (S&P) and F-2 (Fitch). A key condition is that Bunge must keep same-day unused committed borrowing capacity under long-term committed credit facilities at least equal to any commercial paper outstanding. This links usage of the $3.0 billion program to maintaining sufficient long-term bank liquidity.

From a credit perspective, this structure means any increase in commercial paper issuance is balanced by available committed facilities, which can support refinancing risk management. The change took effect on September 3, 2025; subsequent disclosures in company reports may provide detail on actual utilization and any changes in facility size or terms.

0001996862false00019968622025-09-032025-09-09

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

September 3, 2025

Date of Report (date of earliest event reported)

___________________________________

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 8.01 Other Events

On September 3, 2025, Bunge Limited Finance Corp. (“BLFC”), the wholly-owned subsidiary of Bunge Global SA ("Bunge") increased the aggregate size of its existing unsecured corporate commercial paper program (the “BLFC CP Program”) by $1.0 billion from $2.0 billion to an aggregate of $3.0 billion. Under the BLFC CP Program, Bunge serves as the guarantor of any notes. The short-term credit ratings assigned to the BLFC CP Program are P-2 by Moody’s, A-2 by S&P and F-2 by Fitch. The short-term credit ratings of the BLFC CP Program require Bunge to keep the same day unused committed borrowing capacity under its long-term committed credit facilities in an amount greater or equal to the amount of commercial paper issued and outstanding.

Item 9.01 Financial Statements and Exhibits

(d):     Exhibits.

Exhibit No.						Description
104						Cover Page Interactive Data File (embedded within the Inline XBRL document)

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: September 9, 2025

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

FAQ

What change did Bunge Global SA (BG) announce regarding its commercial paper program?

On September 3, 2025, Bunge Global SA reported that its subsidiary Bunge Limited Finance Corp. increased the aggregate size of its unsecured corporate commercial paper program by $1.0 billion, raising total capacity from $2.0 billion to $3.0 billion.

Who guarantees the notes issued under Bunge Limited Finance Corp.’s commercial paper program?

Bunge Global SA serves as the guarantor of any notes issued under the BLFC commercial paper program, so noteholders rely on Bunge’s credit support.

What are the short-term credit ratings of the BLFC commercial paper program?

The BLFC commercial paper program is rated P-2 by Moody’s, A-2 by S&P and F-2 by Fitch, reflecting its short-term credit quality as assessed by the three agencies.

What liquidity requirement applies to Bunge in connection with the BLFC commercial paper program?

The short-term ratings require Bunge to maintain same-day unused committed borrowing capacity under its long-term committed credit facilities that is greater than or equal to the amount of commercial paper issued and outstanding.

Does the 8-K describe any changes to Bunge’s long-term credit facilities?

The disclosure states that Bunge must maintain unused committed borrowing capacity under its long-term committed credit facilities at least equal to outstanding commercial paper, but it does not describe specific changes to those facilities.

Which subsidiary of Bunge Global SA manages the expanded commercial paper program?

The unsecured corporate commercial paper program is operated by Bunge Limited Finance Corp., a wholly owned subsidiary of Bunge Global SA.