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NUFARM LIMITED — Capital/Financing Update 2010
Dec 14, 2010
65453_rns_2010-12-14_d7f27100-97e0-4856-aa0e-273b76f92de2.pdf
Capital/Financing Update
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Nufarm Limited ACN 091 323 312 103-105 Pipe Road, Laverton North, VIC Australia 3026 Telephone: (03) 9282 1000 Facsimile: (03) 9282 1111 Postal Address: PO Box 103, Laverton, VIC Australia 3028
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COMPANY ANNOUNCEMENT
15 December, 2010
Nufarm completes refinancing
Nufarm Limited confirmed today that it has completed the $900 million refinancing package announced on November 30. The new syndicated bank facility replaces interim financing arrangements that terminate today.
The new facility is for a period of 12 months and involves lending commitments from Rabobank, ANZ, NAB and HSBC. Rabobank has been mandated to finalise longer term debt facilities, including a $300 million asset backed securitisation facility.
Nufarm's Managing Director, Doug Rathbone, said the new syndicated facility – together with the company's regional banking facilities (totalling approximately $200 million) – will support the funding requirements of the business as Nufarm pursues earnings recovery and growth.
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Further information: Robert Reis Corporate Affairs (61 3) 9282 1177
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