Corbion to repay €300 million revolver with private placement proceeds

By Taylor Fox

New York, Sept. 30 – Corbion plans to repay borrowings under its €300 million revolving credit facility using proceeds from a $170 million private placement of notes, according to a news release.

All remaining proceeds from the new notes will be used for general corporate purposes.

Corbion is a food and biochemicals company based in Amsterdam.

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