Nutreco successfully amends syndicated loan facility

ID: 1015305
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(Thomson Reuters ONE) -


Nutreco announced today that it has successfully amended its syndicated loan
facility which is supported by a group of international relationship banks. The
maturity of this revolving credit facility has been extended from May 2012 to
May 2014. The amended interest and fee conditions reflect the improved
conditions in the credit market. Nutreco decided to reduce the facility amount
from EUR 550 million to EUR 500 million, although the facility was well
oversubscribed.

The financial covenants, which are based on net senior debt compared to EBITDA
and EBITDA compared to net financing costs, have not changed. The company
maintains a prudent financial policy and uses internal criteria that are well
within the criteria set in its credit facilities. With the extension to May
2014, Nutreco's debt maturity profile is further improved.

* * * * *

Nutreco

Nutreco is a global leader in animal nutrition and fish feed. Our advanced feed
solutions are at the origin of food for millions of consumers worldwide.
Quality, innovation and sustainability are guiding principles, embedded in the
Nutreco culture from research and raw material procurement to products and
services for agriculture and aquaculture. Experience across 100 years brings
Nutreco a rich heritage of knowledge and experience for building its future.
Nutreco employs approximately 9,700 people in 30 countries, with sales in 80
countries. Nutreco is listed on the NYSE Euronext stock exchange in Amsterdam
and with annual revenues of EUR 4.5 billion in 2009.

www.nutreco.com

For more information:

Jurgen Pullens, Director Investor Relations and Corporate Communications,
Nutreco
Telephone: +31 (0)33 422 6134
Mobile:       +31 (0)6 5159 9483
E-mail:         jurgen.pullens(at)nutreco.com






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Nutreco successfully amends syndicated loan facility: http://hugin.info/133565/R/1418984/369156.pdf






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Date: 05/26/2010 - 11:35
Language: English
News-ID 1015305
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Firma: Nutreco
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Stadt: Amersfoort
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