Smithfield Foods (SFD) Secures New Credit Line, Completes $625 Million Senior Secured Notes Offering and Replaces Term Loan
More News related to SFD
- Smithfield Foods To Host Second Quarter Conference Call December 10
- Trading Outlook for Green Mountain Coffee Roasters Inc. Issued by InvestorSoup.com
- Smithfield Foods Expands Global ISO 14001Certification to 578 Locations
- Notable Analyst Rating Changes 11/11: SMI, TOL, SFD, MCHP Upgraded; PCLN, SNV, RHIE, ADBE, SIGM, HUM Downgraded
- Deutsche Bank Upgrades Smithfield Foods (SFD) to Buy
Smithfield Foods, Inc. (NYSE: SFD) announced that it has entered into a new $1 billion asset-based revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent. The new credit facility replaces the Company's previous U.S. revolving credit facility and it includes an option, subject to certain conditions, to increase available commitments to $1.3 billion in the future. The new credit facility is scheduled to mature, and the commitments thereunder will terminate, on July 2, 2012.
Related Categories
Corporate NewsStocks Mentioned
+0.04Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
