Based on Monday's closing price of $70.84, the offering would raise some $708.4 million. Bunge shares fell $3.53, or 5 percent, to $67.30 in late trading after the announcement.

It said underwriters could buy another 1.5 million common shares. Bunge said the offering would be made under an existing shelf registration statement, and that it would use the money to repay debt and for general corporate purposes.

Morgan Stanley and Credit Suisse Securities (USA) are joint book-runners.

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