Belgium’s Common Market Fertilizers has completed a Eu120m revolver to replace its outstanding bilateral lines, it said on Thursday.
BNP Paribas Fortis, Crédit Agricole, Deutsche Bank and HSH Nordbank committed to the two year club deal. BNP Paribas Fortis was the coordinator.
This is the first syndicated loan for CMF, which is 70% owned by agricultural supplier Agrium.
"CMF had lines with many banks but has consolidated these into