Andersons gets $850 million of credit facilities through U.S. Bank

By Angela McDaniels

Tacoma, Wash., Feb. 29 - Andersons, Inc. entered into $850 million of senior credit facilities, according to a Wednesday news release from arranger U.S. Bank, NA.

U.S. Bank is also the administrative agent of the $850 million amended and restated credit agreement the company entered into on Dec. 7. The agreement provides for a $735 million tranche A line of credit and a $115 million tranche B line of credit.

Andersons is a Maumee, Ohio-based diversified company with interests in the grain, ethanol and plant nutrient sectors as well as in railcar leasing and repair, turf products production and general merchandise retailing.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.