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SWP Secures New Credit Agreement
REGINA - Aug 10/07 - SNS -- The Saskatchewan Wheat Pool (SWP) entered into a credit agreement for a $600 million senior secured revolving credit facility through a syndicate of financial institutions led by GE Capital. The three-year operating line will provide the necessary funding to support the new company’s working capital requirements.
The financing agreement replaces the Pool's existing $250 million line of credit and Agricore United’s $550 million line of credit and may be extended at the option of the company for an additional two years.
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