Viterra to price C$300 million notes this week via TD Securities

By Paul A. Harris

St. Louis, June 23 - Viterra Inc. is holding a roadshow for a C$300 million offering of senior notes, which it expects to price during the June 22 week, an informed source said.

The exact structure of the bonds remains to be determined.

The notes are being marketed primarily to Canadian accounts, the source added.

TD Securities has the books for the deal, which is being marketed via Rule 144A in Canada and via Regulation D in the United States.

The notes will rank pari passu with the company's existing and future secured debt, other than its revolving credit facility.

Proceeds will be used for general corporate purposes.

Viterra is a Regina, Sask.-based agribusiness.

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