Brief: Local Bounti Amends Cargill Credit Facility And Receives Funds For Working Capital
24/01/2024 16:28
Jan 24 (Reuters) - Local Bounti Corp LOCL.N :
* LOCAL BOUNTI AMENDS CARGILL CREDIT FACILITY AND RECEIVES
FUNDS
FOR WORKING CAPITAL
* LOCAL BOUNTI CORP - COMPANY RECEIVES $15 MILLION IN CASH
FROM
CARGILL AS PART OF AMENDED CREDIT FACILITY
* LOCAL BOUNTI CORP: WASHINGTON SEEDED AND TEXAS FACILITIES
EXPECTED TO COMMENCE SEEDING BY END OF JANUARY 2024
Source text for Eikon: ID:nPn4BVSfha
Further company coverage: LOCL.N
((Reuters.Briefs@thomsonreuters.com;))
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