AGT Food to repay some revolving debt with new note offering proceeds

By Tali Rackner

Norfolk, Va., Dec. 21 – AGT Food & Ingredients Inc. plans to repay certain revolving credit debt that will be available for future reborrowings using the proceeds from a new C$200 million 5 7/8% senior note offering, according to a press release.

Proceeds will also be used to fully redeem the company's outstanding 9% senior secured second-lien notes due 2018.

AGT is a Regina, Sask.-based food processor.

© 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.