Ag Growth adds C$150 million to expanded credit facility

By Mary-Katherine Stinson

Lexington, Ky., May 9 – Ag Growth International Inc. has increased its revolving credit facilities by approximately C$150 million and will concurrently retire C$57 million of series B and C notes through the expanded credit facility, according to a press release on Monday.

Ag Growth’s senior credit facility now totals approximately C$694 million.

Several amendments to the terms of the agreement were also processed to increase the support the facilities provide to the company, particularly in areas outside of North America.

Ag Growth International is based in Winnipeg, Man., and makes equipment solutions for agriculture bulk commodities.

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