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Bunge Closes $1.65 Billion Of Credit Revolvers

June 4, 2009 (FinancialWire) — Bunge Ltd. (NYSE: BG) said it has entered into two unsecured, committed revolving credit facilities with a syndicate of banks for an aggregate principal amount of around $1.65 billion. JPMorgan Chase Bank, N.A. (NYSE: JPM) is the administrative agent and Citibank, N.A. (NYSE: C) is the syndication agent for the facilities.

The facilities consist of a $1 billion three-year facility and a $645 million 364-day facility. The new facilities replace two existing revolving credit agreements with an aggregate borrowing capacity of $1.7 billion that were scheduled to mature in 2009.

White Plains, New York-based Bunge is an agribusiness and food company that supplies fertilizer to farmers in South America, originates, transports and processes oilseeds, grains and other agricultural commodities worldwide, produces food products for commercial customers and consumers and supplies raw materials and services to the biofuels industry.

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