Citigroup is leading an asset-based facility for beef processing company Swift & Co. The facility is a five-year, $550 senior secured revolver and pricing is LIBOR plus 1 3/4%. Headquartered in Greeley, Colo., the company is the second-largest processor of fresh beef and pork products in the U.S. and the leading beef processor in Australia. Danny Herron, cfo, did not return calls.