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SAO PAULO, Feb 3 (Reuters) - Brazil's JBS SA, the world's largest beef exporter, on Friday said it raised $2.8 billion through a term loan to pay back other loans and extend the company's debt maturity.
The operation is expected to save the company $8 million a year, JBS said in a statement. (Reporting by Gabriela Mello; Writing by Silvio Cascione. Editing by Jane Merriman)