ForFarmers closes new credit facility

21 October 2014

ForFarmers closes new credit facility to secure a more flexible uniform financing structure at favorable conditions

ForFarmers B.V. (the “Company”) is pleased to announce it has completed an agreement for a € 300 million multicurrency revolving credit facility (the “new facility”). This new facility replaces existing facilities at ForFarmers B.V. and BOCM PAULS Ltd., amounting to € 120 million and £ 86 million respectively, due to mature in 2015, 2017 and 2019.

The new facility is financed by the Company’s banking syndicate comprising ABN AMRO, BNP Paribas, Lloyds Bank PLC, and Rabobank.

The new facilities agreement, which matures on 31th January 2020, has competitive financial terms and standard corporate debt covenants. The new facility is unsecured and for general corporate purposes. The existing financing structure is renewed to align the terms and conditions of the various existing facilities into a new financing.

The new facility establishes a larger and more flexible uniform group financing structure at favorable conditions, supporting ForFarmers in realizing its strategy through organic growth and through acquisitions.

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