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BRIEF-Ag Growth International Reports $100 Mln Credit Facility Expansion

Published 2020-04-29, 06:21 p/m
AFN
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April 29 (Reuters) - Ag Growth International Inc AFN.TO :

* AGI ANNOUNCES $100 MILLION CREDIT FACILITY EXPANSION AND AMENDMENT OF TERMS

* AG GROWTH INTERNATIONAL INC - CREDIT FACILITY HAS BEEN EXPANDED TO INCLUDE A $50 MILLION INCREASE IN ITS SENIOR REVOLVING FACILITY

* AG GROWTH INTERNATIONAL - SENIOR CREDIT FACILITY NOW TOTALS ABOUT $575 MILLION CANADIAN DOLLAR EQUIVALENT, EXCLUDING AN UNDRAWN ACCORDION OF $100 MILLION

* AG GROWTH INTERNATIONAL INC - MATURITY DATE OF FACILITY REMAINS MARCH 20, 2025

* AG GROWTH INTERNATIONAL INC - AMENDMENTS ANNOUNCED TODAY DO NOT IMPACT TERMS OF AGI'S SERIES B AND C SECURED NOTES THAT TOTAL $60 MILLION

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