Bunge to repay revolving credit facility debt via new note offering

By Tali Rackner

Norfolk, Va., Aug. 10 – Bunge Ltd. Finance Corp. plans to repay outstanding debt under its revolving credit facilities with the proceeds from a new 10-year senior note offering, according to a 424B3 filing with the Securities and Exchange Commission.

As of June 30, the revolvers bear interest at Libor 55 basis points to 130 bps. They mature between 2016 and 2019.

Bunge is a White Plains, N.Y.-based agribusiness and food company.

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