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News Stories (27 Results) - Agriculture

Farmers Edge, a pure-play digital agriculture company, entered into an amendment to its secured credit facility with Fairfax Financial Holdings Limited and/or certain of its affiliates. The Facility has been increased by $6.37 million to a principal... Read Story

November 16, 2023, 06:00 AM

Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Bellpark Horticulture (“Bellpark”) by AdeptAg, an existing portfolio company of LLR Partners.Based in Oberlin... Read Story

November 15, 2022, 08:00 AM

Soli Organic Inc. announced a $50 million financing arrangement with Horizon Technology Finance and Bridge Bank. The new joint relationship provides Soli with expanded capital, a key component of the Company's strategy to further grow production... Read Story

May 25, 2022, 07:37 AM

Kalera AS, a leafy green vertical farming companies and a leader in plant science for producing high-quality produce in controlled environments, secured a ten-year, $30 million Senior Secured Credit Facility with Farm Credit of Central Florida to... Read Story

April 19, 2022, 07:00 AM

Pyxus International, a global value-added agricultural company, entered into a $100 million asset-based lending (ABL) credit facility with PNC Bank effective February 8, 2022. The agreement with PNC replaces the Company's preexisting $75 million ABL... Read Story

February 11, 2022, 07:52 AM

SLR Business Credit provided a $5,000,000 asset-based revolving line of credit to Oskaloosa Food Products. The proceeds were used to repay the bank and provide additional ongoing working capital for the company. Founded in 1938, Oskaloosa Food... Read Story

January 31, 2022, 07:20 AM

Bowery Farming, the largest vertical farming company in the United States, secured a $150 million credit facility led by private credit accounts managed by KKR, a leading global investment firm.This independent, third-party funding will accelerate... Read Story

January 13, 2022, 07:36 AM

Bunge closed on the refinancing of its $1.75 billion, three-year revolving credit facility. The interest rate under this facility is linked to the Company’s credit ratings and also to five core sustainability targets, which include the recently... Read Story

December 20, 2021, 07:04 AM

Ceres Global Ag entered into a five-year senior secured $50 million term debt credit facility with the Bank of Montreal that includes a $30 million term loan draw that will be used to retire the Company's term loan with Bixby Bridge Fund IV, LLC... Read Story

June 15, 2021, 07:15 AM

Ares Commercial Finance (“ACF”) provided a $45 million senior secured revolving line of credit to Southern States Cooperative, Inc. (“SSC”). Headquartered in Richmond, VA, SSC is a retail agricultural cooperative serving the agronomy, energy and farm... Read Story

March 22, 2021, 08:00 AM

Old Hill provided an $8 million senior secured pre-export credit facility to a company in Latin America with whom it had a previous lending relationship. The company exports specialty agricultural products to top-tier global distributors. Old Hill’s... Read Story

March 09, 2021, 08:05 AM

Crystal Financial served as administrative agent on a $60 million senior term loan for Southern States Cooperative, one of the largest cooperatives offering a wide selection of products, services and growing solutions to support farmers and rural... Read Story

December 03, 2020, 08:00 AM

Amerisource Business Capital closed and funded a $1,000,000 credit facility for a Michigan based grower and processor. The proceeds are being used to fund the company’s growth and expand their facilities.   Daniel Martinez, Regional Market Manager... Read Story

November 18, 2020, 07:00 AM

CIT Group Inc. announced that its Asset-Based Lending team served as administrative agent for a new $185 million senior secured, asset-based credit facility for Orscheln Farm and Home LLC, a leading retailer of farm supplies, home improvement... Read Story

June 04, 2020, 08:55 AM

Ares Management Corporation announced  that funds managed by its Alternative Credit strategy have provided a $450 million revolving asset-backed credit facility secured by agricultural production loans originated by Ag Resource Management (“ARM”).ARM... Read Story

February 11, 2020, 09:00 AM

Ceres Global Ag Corp. announced that it has entered into a fourth amended and restated credit agreement led by Macquarie Bank Limited, as administrative agent on behalf of a syndicate group of lenders which includes Bank of Montreal and Cooperatieve... Read Story

February 15, 2019, 07:19 AM

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, announced the completion of a $25 million secured term loan for Zacky & Sons Poultry, a vertically integrated grower, processor, and distributor of... Read Story

June 07, 2018, 07:07 AM

Alliance One has entered into an ABL credit agreement with certain bank lenders establishing a senior secured revolving asset-based lending facility (the "ABL Facility") of $60.0 million subject to a borrowing base composed of its eligible accounts... Read Story

October 17, 2016, 07:44 AM

S&W Seed Company has signed and closed a $20 million asset-based credit facility with KeyBank National Association. The new credit facility is being utilized to refinance the company's existing Export-Import Bank-backed senior debt and provides... Read Story

September 24, 2015, 07:39 AM

Siena Lending Group LLC (“Siena”) announced the completion of an $8.0 million revolving credit facility for Wayne Bailey, Inc. (“Wayne Bailey”). The facility will be used to support on-going working capital needs.  Founded in 1935 and headquartered... Read Story

March 17, 2015, 07:17 AM

Minneapolis-based agri-business firm AgMotion has closed on a $45 million asset-based revolving credit facility with U.S. Bank to support the company’s continued growth. "We are very pleased to establish this new relationship with AgMotion. We were... Read Story

February 10, 2015, 07:51 AM

Rockland Trust announced on September 29 that it provided a $22.66 million asset-based credit facility to Decas Cranberry Sales. The credit facility to the Carver, MA-based cranberry processor includes a $15 million working capital line of credit, a... Read Story

October 06, 2014, 07:13 AM

Chromatin, Inc., a leading agriculture technology company, announced it has closed a three-year, $12.5 million credit facility with The PrivateBank.The credit facility represents Chromatin’s first financing with a commercial lender and provides... Read Story

July 10, 2014, 07:44 AM

Green Plains Inc. announced the completion of a $225 million senior secured credit facility due 2020 (the "Credit Facility") by its wholly-owned subsidiary, Green Plains Processing LLC (the "Borrower"). The proceeds of the Credit Facility will be... Read Story

June 11, 2014, 07:12 AM

First Capital announced it has provided a $5 million asset-based credit facility to Bushman Organic Farms, Inc., a producer of organic soy meal and related products primarily for sale to the organic poultry industry. The senior credit facility... Read Story

April 29, 2014, 07:53 AM

American Vanguard Corporation announced that its wholly owned subsidiary, Amvac Chemical Corporation, as borrower, and affiliates (including American Vanguard), as borrowers/guarantors, have entered into an amended and restated credit facility which... Read Story

June 19, 2013, 07:32 AM

Ascendant Consulting Partners has completed a capital restructuring for Saint Joseph, Mo.-based LifeLine Foods LLC. The capital restructuring consisted of a $25 million equity raise of preferred stock from existing shareholders and the extension of a... Read Story

January 04, 2013, 07:52 AM