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American Crystal ups loan commitments to $410 million through May
By Susanna Moon
Chicago, Nov. 2 - American Crystal Sugar Co. increased the its revolving credit facility commitments to $410 million through May 31, 2013 from $350 million, according to an 8-K filing with the Securities and Exchange Commission.
The company amended its credit agreement on Friday with a consortium of lenders led by CoBank, ACB.
Beginning in June 2013, the revolver size will revert back to $350 million through July 19, 2015.
The sugar-beet cooperative is based in Moorhead, Minn.
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