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Nufarm completes refinancing deal

Nufarm has secured a three-year Aus$625 million (US$636 million) credit facility from a syndicate of seven banks. The financing will further assist Nufarm in the management of seasonal working capital demands across its various geographic segments, the company points out. In August, Nufarm secured Aus$300 million (US$305 million) to repay a third of its Aus$900 million (US$916 million) debt ( Agrow No 622, p 2).

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