Brief: Ceres Global AG Corp Announces Renewal Of Revolving Credit Facility

Ceres Global Ag

15/02/2019 01:33

Feb 14 (Reuters) - 
    * ANNOUNCES RENEWAL OF REVOLVING CREDIT FACILITY
    * SAYS NEW CREDIT AGREEMENT INCREASES AMOUNT OF REVOLVING
FACILITY
AVAILABLE TO CERES FROM U.S.$67.5 MILLION TO U.S.$80 MILLION
    * ANNOUNCED TODAY THAT IT HAS ENTERED INTO A FOURTH AMENDED
AND
RESTATED CREDIT AGREEMENT LED BY MACQUARIE BANK LIMITED
    * INTEREST RATE UNDER NEW CREDIT AGREEMENT REFLECTS A
REDUCTION OF
50 BASIS POINTS FROM CERES' PRIOR REVOLVING FACILITY
    * CERES GLOBAL -NEW CREDIT AGREEMENT  HAS POTENTIAL TO
ACCESS AN
ACCORDION FEATURE THAT WOULD PROVIDE AN ADDITIONAL U.S.$20
MILLION

Source text for Eikon:  ID:nCNWMmWcra 
Further company coverage:  CRP.TO 

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