Brazil-Meat giant studies financial options.

BRAZIL- Sadia SA, the Brazilian poultry exporter struggling with debt after wrong-way derivative bets, said it is studying its financing options.

The company, responding in a regulatory filing to a Valor Economico story yesterday, didn’t give any more details on the financing. Sadia confirmed that its investor relations director Welson Teixeira Jr. spoke with the newspaper, which reported that the company may get a bank loan of about 1 billion reais ($436 million).

Sadia didn’t confirm the possible loan from the bank known as BNDES.

The company posted its first net loss in nine years in the third quarter after betting the Brazilian real would continue to rise against the U.S. dollar. The real, which rose to a nine- year high in August, fell 16 percent in the third quarter.