Bunge Limited Announces New Revolving Credit Facilities
04 6월 2009 - 5:30AM
PR Newswire (US)
WHITE PLAINS, N.Y., June 3 /PRNewswire-FirstCall/ -- Bunge Limited
(NYSE: BG) today announced that it has successfully entered into
two unsecured, committed revolving credit facilities with a
syndicate of banks for an aggregate principal amount of
approximately $1.65 billion. The credit facilities consist of a $1
billion three-year facility and a $645 million 364-day facility.
The new facilities replace two existing revolving credit agreements
with an aggregate borrowing capacity of $1.7 billion that were
scheduled to mature in 2009. JPMorgan Chase Bank, N.A. is the
Administrative Agent and Citibank, N.A. is the Syndication Agent
for the facilities. BNP Paribas, Calyon New York Branch and CoBank,
ACB acted as Joint Documentation Agents. "We are pleased with the
solid support of our bank group," said Jacqualyn Fouse, Chief
Financial Officer. "These facilities will maintain our
approximately $3.5 billion of aggregate committed revolving credit
capacity, providing the financial flexibility to manage liquidity
and grow our business." About Bunge Bunge Limited is a leading
global agribusiness and food company founded in 1818 and
headquartered in White Plains, New York. Bunge's over 25,000
employees in over 30 countries enhance lives by improving the
global agribusiness and food production chain. The company supplies
fertilizer to farmers in South America, originates, transports and
processes oilseeds, grains and other agricultural commodities
worldwide, produces food products for commercial customers and
consumers and supplies raw materials and services to the biofuels
industry. Cautionary Statement Concerning Forward-Looking
Statements This press release contains both historical and
forward-looking statements. All statements, other than statements
of historical fact are, or may be deemed to be, forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. These forward-looking statements are not based
on historical facts, but rather reflect our current expectations
and projections about our future results, performance, prospects
and opportunities. We have tried to identify these forward-looking
statements by using words including "may," "will," "should,"
"could," "expect," "anticipate," "believe," "plan," "intend,"
"estimate," "continue" and similar expressions. These
forward-looking statements are subject to a number of risks,
uncertainties and other factors that could cause our actual
results, performance, prospects or opportunities to differ
materially from those expressed in, or implied by, these
forward-looking statements. The following important factors, among
others, could affect our business and financial performance:
industry conditions, including fluctuations in supply, demand and
prices for agricultural commodities and other raw materials and
products used in our business, fluctuations in energy and freight
costs and competitive developments in our industries; the effects
of weather conditions and the outbreak of crop and animal disease
on our business; global and regional agricultural, economic,
financial and commodities market, political, social and health
conditions; the outcome of pending regulatory and legal
proceedings; our ability to complete, integrate and benefit from
acquisitions, dispositions, joint ventures and strategic alliances;
changes in government policies, laws and regulations affecting our
business, including agricultural and trade policies, tax
regulations and biofuels legislation; and other factors affecting
our business generally. The forward-looking statements included in
this release are made only as of the date of this release, and
except as otherwise required by federal securities law, we do not
have any obligation to publicly update or revise any
forward-looking statements to reflect subsequent events or
circumstances. DATASOURCE: Bunge Limited CONTACT: Investors, Mark
Haden, +1-914-684-3398, , or Media, Stewart Lindsay,
+1-914-684-3369, , both of Bunge Limited Web Site:
http://www.bunge.com/
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