Corn Products International, Inc. (NYSE: CPO), a leading provider of ingredient solutions to diversified industries worldwide, today announced that it has entered into a new three-year, senior unsecured $1 billion revolving credit facility available for general corporate purposes. This replaces the Company’s existing $500 million senior unsecured revolving credit facility which would have matured April 26, 2013.
The Company also entered into a 364-day, $1.35 billion bridge term loan credit facility pursuant to a previously disclosed commitment letter, which facility is available to finance the National Starch acquisition and related expenses.
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Corn Products International is a major supplier of
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