NautaDutilh advises ForFarmers in new credit facility
ForFarmers B.V. and certain of its subsidiaries entered into a EUR 300 million multicurrency revolving credit facility with ABN AMRO, BNP Paribas, Lloyds Bank PLC, and Rabobank. This new facility replaces the existing facilities for ForFarmers B.V. and BOCM Pauls Ltd., amounting to EUR 120 million and GBP 86 million respectively, due to mature in 2015, 2017 and 2019.
The existing financing structure is renewed to align the terms and conditions of the various existing facilities into one new multicurrency revolving credit facility. The new facility establishes a larger and more flexible uniform group financing structure at favourable conditions, supporting ForFarmers in realizing its strategy through organic growth and through acquisitions.
ForFarmers is an internationally operating company active in the area of conventional and organic feed solutions for livestock.
The Dutch team of NautaDutilh consisted of David Viëtor, Niels Hagelstein, Michelle van Doren, Kim Veenman, Gijs van Nes, Judith de Snoo, Nina Kielman en Nico Blom. The Belgium team of NautaDutilh consisted of Nathalie van Landuyt and Thibaut Willems.
