Bunge signs $600m facility with 32 banks

25 Nov 2009

Agricultural commodities firm Bunge signed a $600m revolving credit facility on Tuesday, increasing the size of the planned deal after it was more than twice oversubscribed.

The facility for Bunge Finance Europe had been launched on October 14 with a targeted size of $500m, but when books closed last week the company had attracted $1.03bn of commitments. In total, 32 banks committed to the facility, 10 of which had not been involved in the ...

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