World map Our websites Contact us Who we are What we do Sustainability Financial information Media Careers Viterra successfully closes syndicated Revolving Credit Facilities which include sustainability targets Home Media News Viterra successfully closes syndicated Revolving Credit Facilities which include sustainability targets Date: 2021/05/28 Viterra Limited, through its subsidiary Viterra Finance B.V., has successfully signed two separate senior unsecured sustainability-linked revolving credit facilities in the aggregate amount of USD 4.085 million (together, the “Facilities”). The Facilities were launched on 26 March 2021 in the proposed aggregate amount of USD 3.250 million, and quickly gained strong interest from Viterra’s relationship banks, resulting in an oversubscription of more than 25 percent. As a result, the Facilities were subsequently increased to an aggregate amount of USD 4.085 million, with Viterra choosing to scale back lender commitments. The Facilities are comprised of (a) a 12-month revolving credit facility with a one-year extension option and a one-year term-out option, and (b) a three-year revolving credit facility with two one-year extension options. With sustainability being regarded as a key priority at Viterra, the Facilities are linked to achieving Viterra’s sustainability targets. Viterra’s sustainability targets include a reduction of greenhouse gas emissions, a reduction of water and fossil energy consumption, increased traceable-to-origin soy sourced in South America, and achieving safety targets. If Viterra meets these targets, it will reinvest its interest savings from these credit facilities into additional sustainability initiatives within the company. The Facilities were arranged by Citi (Coordinator and Documentation Agent), Coöperatieve Rabobank U.A. (Sustainability Coordinator), ING Bank N.V. (Facility Agent) and the Royal Bank of Canada, all of which acted as Active Bookrunners and Mandated Lead Arrangers. About Viterra At Viterra, we believe in the power of connection. Our world-leading, fully integrated agriculture network connects producers to consumers with sustainable, traceable and quality-controlled agricultural products. With more than 17,500 talented employees operating in 37 countries, our strategic network of agricultural storage, processing and transport assets enable us to offer innovative solutions and open pathways for our customers, creating successful partnerships that last. Together, we are stronger, and achieve more. FOR FURTHER INFORMATION, PLEASE CONTACT: Jeff Cockwill Viterra Limited T: +1 (306) 569 6673 Email: jeff.cockwill@viterra.com TERMS OF USE COOKIES POLICY PRIVACY POLICY ACCESSIBILITY PRIVACY NOTICE MODERN SLAVERY STATEMENT ©Viterra 2021 Privacy policy and cookies By continuing to browse the site you are agreeing to our use of cookies. Read our Cookies Policy